FIN: Will you be ready? Accounting for Asset Leases…the new way!
Will You Be Ready? Accounting for Asset Leases...the New Way!
Hosted by: Asset Accounting
Billions of dollars in capital and operating lease assets
will be added to balance sheets as right-to-use (ROU) assets starting
with 2019 or earlier. Leasing is an important activity to finance and
gain access to assets and reduce an organization’s exposure to the
risks of asset ownership. The current off-balance sheet accounting
has been criticized for years. Finally, the accounting boards have
converged on a new standard effective in 2019.
This session will educate you on what this means for your company.
- What are the new rules?
- How will US accounting differ from the rest of the world?
- What should my company do to prepare?
Speakers:
Kent Bettisworth, Bettisworth & Associates