AP NEWS
Press release content from Business Wire. The AP news staff was not involved in its creation.
PRESS RELEASE: Paid content from Business Wire
Press release content from Business Wire. The AP news staff was not involved in its creation.

2-Day Conference: Accounting for Leases - New Rules 2019 (ASC 842) (California, United States - August 20-21, 2019) - ResearchAndMarkets.com

April 10, 2019

DUBLIN--(BUSINESS WIRE)--Apr 10, 2019--The “Accounting for Leases: New Rules 2019 (ASC 842)” conference has been added to ResearchAndMarkets.com’s offering.

The new Leasing Standard has finally been issued. The new guidance standardizes how companies should account for leases under U.S. GAAP and IFRS.

This conference will go through the new guidance and address the latest developments in key areas, significant changes, scope, disclosure and impacts. There will be plenty of implementation examples and a detailed case study.

Learning Objectives

  • Review the latest changes in key areas
  • Work through a number of practical examples
  • Begin to assess the effects of the new standard on your company or clients.

Who Should Attend?

  • CFOs (and their staff)
  • Controllers
  • VPs of Finance
  • Financial Managers
  • Internal Auditors
  • Tax Accountants
  • Treasury Staff
  • Accountants in Industry
  • Internal Control/SOX personnel
  • Consultants
  • Public Accountants
  • Educators

Agenda: DAY 1

8:00 - 8:45 - Continental Breakfast and Registration

8:45 - 10:15 - Introduction of New Leasing Standard

  • History and Background of New Standard
  • Shortcomings of current lease accounting
  • Lease: Identification, Scope and Definition
  • Short Term Leases/Practical Expedient
  • Contract Combinations
  • Portfolio Approach

10:15 - 10:30 - Break

10:30 - 12:15

  • New Leasing Standard Continued - Plus Common Examples
  • Separating lease and nonlease components
  • Discount rate
  • Initial direct costs
  • Reassessment
  • Modifications
  • Asset Impairment
  • Sale and leaseback transactions
  • Build to suit transactions

12:15 - 1:15 - Lunch

1:15 - 2:15 - Industry Panel Discussion

  • The format of this session will have three industry panelists introduce themselves, their companies and describe their lease accounting program and their lessons learned on the way to adoption. The remainder of the time will be spent on Q&A/discussion with the group.

2:15 - 2:25 - Break

2:25 - 3:05 - Tax Issues

  • Why does it matter for tax
  • New issues to consider
  • Examples
  • Next steps

3:05 - 4:20 - New Leasing Standard: Transition Issues

  • Timing and Approach
  • Transition for Lessees
  • Transition for Lessors
  • Other leases
  • How to get to the effective date
  • Lifecycle of an accounting change project
  • Deep dive into the assessment phase

4:20 - 4:25 - Break

4:25 - 5:30 - Disclosures

  • New Requirements
  • Lessor
  • Lessee

Agenda: DAY 2

8:45 - 10:15 - Case Study by Connor Group

  • This morning session will include detailed case studies and examples to take you through the practical applications of the new lease accounting rules

10:15 - 10:30 - Break

10:30 - 12:15 - Case Study by Connor Group - continued

12:15 - 1:15 - Lunch

1:15 - 2:45 - Accounting by Lessors

  • Lessor Model
  • Presentation
  • Disclosures
  • Examples

2:45 - 2:55 - Break

2:55 - 4:15 - Additional Examples of New Rules

For more information about this conference visit https://www.researchandmarkets.com/r/kyr092

View source version on businesswire.com:https://www.businesswire.com/news/home/20190410005446/en/

CONTACT: ResearchAndMarkets.com

Laura Wood, Senior Press Manager

press@researchandmarkets.com

For E.S.T Office Hours Call 1-917-300-0470

For U.S./CAN Toll Free Call 1-800-526-8630

For GMT Office Hours Call +353-1-416-8900

Related Topics:Accounting

KEYWORD: UNITED STATES NORTH AMERICA CALIFORNIA

INDUSTRY KEYWORD: PROFESSIONAL SERVICES ACCOUNTING

SOURCE: Research and Markets

Copyright Business Wire 2019.

PUB: 04/10/2019 07:01 AM/DISC: 04/10/2019 07:01 AM

http://www.businesswire.com/news/home/20190410005446/en