Preparing for Year End: Required Disclosures and Asset Impairments under the New Lease Accounting Standards
In this on-demand webinar, our lease accounting experts outline the quantitative and qualitative disclosures required under each of the new lease accounting standards – FASB, IASB, and GASB. They will also highlight the differences and similarities with the legacy accounting standards. Finally, viewers will learn about asset impairments under the new standards, with an emphasis on the impact of COVID-19 on year-end impairment analysis.
Recent Blogs
Unlocking the Power of Lease Accounting Data: A Guide for FP&A
Financial Planning & Analysis (FP&A) plays a crucial role as a strategic partner to the business, utilizing financial analysis and forecasting to help guide decision-making. Their responsibilities include drafting budgets and forecasts, optimizing the...
Commercial Lease Overview: Lease Types, Management, Accounting, & More
1. Understanding commercial lease agreements Commercial leases of equipment 2. Commercial lease management Lease management software 3. Commercial lease types Gross lease / full-service lease Net lease Absolute net lease or "absolute NNN lease" Modified gross lease...
Materiality, Immateriality, and Material Misstatements in Accounting Explained
What is materiality in accounting? Materiality is the accounting concept that the more significant missing or incorrect information is to an entity, the larger impact the error or omission may have on the decision-making of users of the affected financial statements....
