Inspired Perspectives | FASB Lease Accounting
Course Description:
The provisions of the Accounting Standards Update 2016-02, Leases, in February of 2016 and the subsequent amendments from the Financial Accounting Standards Board (FASB) are coming into effect soon. The effective date for nonpublic entities is calendar year 2022.
It’s important to understand the potential impact of lease accounting on your organization’s financial reporting. These new FASB lease accounting standards provide significant changes for lease accounting that can be complicated when determining lease terms, lease payments and discount rates. During this webinar, we will provide a series of practical case studies that answer common questions when implementing the new lease accounting requirements.