Lease Accounting Lessons from the Leading Edge
2022 Accounting & Auditing Standards Virtual Event
Tuesday, October 11th, 2022
Barnes Dennig Virtual Event
The long-discussed accounting standard on leases is now effective for most non-public entities, with significant impacts to financial reporting. And while it’s not too late to implement the standard proactively, you’re running out of time.
In past events, we’ve discussed the new (and often complex) accounting rules for leases. In this compelling virtual event, assurance thought leaders and Barnes Dennig Directors Tom Groskopf and Matt Rosen share the lessons learned from those who have adopted the standard – what’s worked, what hasn’t, and what surprises these leading-edge organizations found.
Tom and Matt are recognized experts on the new lease rules, having trained a large number of other CPA firms throughout the US, and have presented on the topic at multiple state and national conferences.
In this 100-minute session, Tom and Matt cover:
- Summary of the new – and complex – accounting rules for leases
- Implementation of best practices and lessons learned
- Challenges unique to private companies including related party arrangements
Plus, they discuss alternative accounting frameworks that are available – and that could be options to avoid implementing the lease accounting changes, and answer questions about lease accounting and lessons learned.