It's been two years since FASB issued its highly anticipated standard on leasing, and companies can no longer ignore the approaching compliance deadline. The new standard takes effect in 2019 for public companies and 2020 for other entities. If you haven't already taken action, now is the time. It could take months to organize resources, gather relevant lease data, and implement new accounting policies. For many companies, the new requirements may also result in the need to upgrade and/or implement new lease management and accounting systems.

This complimentary webinar will provide a technical and practical overview of the standard from the perspective of the lessee, with an emphasis on the areas that will most create challenges for retailers, restaurants and other consumer businesses.

Learning Objectives

• Identify the main provisions of the new lease standard as contrasted with prior accounting requirements
• Identify financial statement presentation and disclosures required by the new lease standard
• Describe the operational impact of the new standard

Presenter

Angela Newell, National Assurance Partner – BDO USA

CPE Credits

Accounting - 1 hour

Registration

This web-based seminar is presented by BDO. As an independent member of the BDO Alliance USA, Kruggel Lawton is able to offer this program free of charge to "KLients" and friends of the firm. To register, click the "Register" button below and sign in either as a new or existing user as shown in the graphic.