SAN FRANCISCO
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
REGISTRATION INFORMATION:
Cost $995
You can also register by phone 610 789-3110
or Email questions or to be invoiced to: mtarman@acslive.com
| 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 |
| Conference Series Speakers Include: |
|---|
| Ashima Jain PwC, Managing Director National Office |
| April Blackman KPMG, Tax Manager |
| James Bell KPMG, Managing Director |
| Allen Plyler RGP, Principal National Integrated Solutions |
| Colleen Kinealy KPMG, Director |
| Sujit Kankanwadi Synopsys, VP, Corporate Controller & Chief Accounting Oficer |
| Lee Mills Microsoft, Group Finance Manager |
| Alek Zabreyko Connor Group, Partner and Head of Professional Practice |
| Brooke Riuchards Connor Group, Director Global Accounting Practice |
| Dominick Kerr Connor Group, Technical Accounting Director |
| Michael Ussery Kral Ussery LLC, Partner |