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.
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ASC 842: The New Lease Accounting Standards Explained with Examples, Effective Dates, & More
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Lease Accounting Explained: New Standards, Lessee vs. Lessor, Changes, Calculations, & More
1. What is lease accounting? 2. Understanding lessee vs. lessor Lessee definition Lessor definition 3. Lease accounting under the old standards 4. Lease accounting standards: changes and full examples ASC 842 IFRS 16 GASB 87 SFFAS 54 FRS 102 5. Why were new standards...
UK GAAP & IFRS Alignment: Key Changes to FRS 102 You Need to Know
Big changes are coming to accounting in the UK and Republic of Ireland. The Financial Reporting Council (FRC) has issued the most extensive revisions to FRS 102 since the standard’s initial launch in 2013. The revisions will bring UK GAAP closer to IFRS and include...
