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Webcast URL: https://www.theknowledgegroup.org/webcasts/ifrs-16-asc-842-lease-accounting-coming-your-way/
With the new lease accounting standards finally taking effect in just a few months, companies around the globe are starting to grapple with the significant change coming their way in 2019. The new regulatory lease accounting standards, ASC 842 and IFRS 16 released by the US-based Financial Accounting Standards Board (FASB) and allied International Accounting Standards Board (IASB), will require organizations to report and disclose all lease obligations and reclassify them as assets and liabilities. This implies that under the new standards, all lease assets and lease liabilities will now be reflected on the balance sheet. Thus, increasing transparency and efficiency across the organization.
Listen as a panel of thought leaders and professionals brought together by The Knowledge Group help the audience understand the New Lease Accounting Standards and its impact on firms and the broader market. They will discuss in-depth the requirements and policies of this new standards. The speakers will also go beyond the basics and provide practical tips and strategies to avoid risks and legal pitfalls.
In addition to this timely update, this LIVE Webcast will examine the most significant issues in the mix including:
- IFRS 16/ASC 842 Lease Accounting Standards: Framework & Review
Implementation Issues and Considerations: Lessons Learned & Experiences
- Implications to Businesses: Public & Private firms
- Trends, Developments and Updates: Approaches & Guidance
- Post adoption success: What does good look like
For anymore information please click on the webcast url at the top of this description.