Friday, March 16, 2018

Implementing the New Lease Accounting Standards

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Implementing the New Lease Accounting Standards
March
 
19
1 pm - 2:30 pm ET
Presenters: Michael Cahill, Director at Riveron Consuting and Michael Keeler CEO of LeaseAccelerator
Credits: CPE, CLE in all states (Credit Details)
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Viewing Options: View on your computer, tablet, or smartphone
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Course Description
 
In 2016, FASB and IASB launched new lease accounting standards. In this webinar, you'll learn what the new standards are, what auditors will be looking for, and steps your organization can take now to implement the new standards. Upon completion of this course, you will be able to:
  • Explain why the new standards were developed
  • Recognize how financial ratios such as profitability, EBITDA, and Return on Assets will be impacted
  • Compare and contrast the rules for US GAAP with IFRS
  • Compare the new standards to the current standards
  • List the implementation deadlines
  • Explain whether you have to keep two sets of books during the transition period
  • Describe what auditors will be looking for
  • Determine who should you put on your lease accounting project team and who should be the executive sponsor
  • Develop a project strategy
  • Identify the types of policies, systems and controls your organization needs
  • Recognize what type of data you need and where you can find it
  • Identify factors to consider in software vendor selection
  • Make a business case for the project
  • Utilize examples of the accounting challenges for real estate and equipment leases
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About The Presenters
 
Michael Cahill is a Director at Riveron Consuting, a unique financial consulting firm serving public and private companies, private equity funds, and mezzanine and senior lenders. Michael's role at Riveron includes oversight of client service operations such as: technical accounting, IPO and audit readiness, financial reporting, buy-side financial due diligence and post-transaction services. Prior to joining Riveron, Michael was the founder of The Cahill Group, LLC, Auditing/Consulting Partner with Urish Popeck & Co, LLC, and Senior Manager with BDO Seidman.
The Presenter
The Presenter
 
Michael Keeler is an entrepreneur, business leader, and author with more than 20 years of experience building software businesses. Mr. Keeler is the CEO of LeaseAccelerator, a SaaS company offering a lifecycle solution for enterprise Equipment Lease Management (ELM). Previously, Mr. Keeler served as President of Onmark Corporation, an international IT leasing company. Mr. Keeler is a graduate of New York University with a Master's in IT and Georgetown University with a Bachelor's from the Edmund A. Walsh School of Foreign Service.
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