Your Guide to Lease Accounting Changes

Learn how the lease accounting changes affect your organization Before FASB and GASB updated their standards, lease accounting seemed simpler. Most organizations were able to stay on top of the requirements without specialized knowledge or dedicated resources. Now staying aligned with ASC 842, GASB 87, GASB 96 and IFRS 16 can be challenging, especially if your organization must comply with the multiple standards at the same time. From new controls to new resource requirements, adopting the standards successfully can be confusing. Leasing experts from LeaseAccelerator and EZLease break down the questions surrounding the standards so you can better understand how the changes affect your organization. Join us to learn the steps your organization should take now and how to maintain sustainable, long-term compliance. Attendees will learn:

• Differences between previous and current standards

• Key inputs including IBRs and required data fields

• Which leased assets are affected

• Real estate lease considerations

• Journal entries and reporting examples