PPT-New Lease Accounting Standard

15th Annual IMA Michigan Fall Conference October 31 2016 Jim Hannan Scott Sachs Meet the Presenters Jim Hannan Managing Director Chicago Illinois Scott Sachs Assurance Practice Senior Manager . By Phil Rickard. Associate Professor of Accounting, Mount Vernon Nazarene University. What is U.S. Accounting Convergence?. Accounting Harmonization. Relates to the process of substantially standardizing the rules and regulations for international securities and the related accounting principles across . Lease Accounting and. Operational Implications. Tim Shepard . Senior Manager, Financial Accounting Advisory Services. Ernst & Young LLP. November 18, 2016. Disclaimer. These slides are for educational purposes only and are not intended, and should not be relied upon, as accounting advice.. Leases Project. Overview. Identify a lease. Lessee: how big the liability will be?. Lessor accounting: what has changed?. Other lease accounting issues. Transition provisions. What do you need to do to get ready for 2019?. . May 25, 2017. Our webinar will begin shortly. .. ASC 842: Are you ready for the new lease accounting standards?. . May 25, 2017. Bob Roll. Melissa Lacy. Questions. . 3. How to ask a question during today’s webinar?. Identify a lease. Lessee: how big the liability will be?. Lessor accounting: what has changed?. Other lease accounting issues. Transition provisions. What do you need to do to get ready for 2019?. Agenda. MBA-PIM(USJ). 1. Accounting for Leases. Learning Outcomes. 2. At the end of this chapter, you should be able to:. Explain what a lease represents. Distinguish between an operating and a finance lease. Tuesday, March 21, 2017. This material has been prepared for general informational purposes only and is not intended to be relied upon as accounting, tax or other professional advice. Please refer to your advisors for specific advice.. 16th . Edition. Kieso . ●. . Weygandt . ●. . Warfield. . Explain . the nature, economic substance, and advantages of lease transactions. .. Describe . the accounting for leases by lessees.. LEARNING OBJECTIVES. 1 CASE STUDYINDUSTRYFinanceNAMECURO Financial Technologies Corp.EMPLOYEES~4000REVENUE1+ Billion USDCOUNTRIESUSA, CanadaHEADQUARTERSWichita, KansasAUDITORDeloitte & Touche LLPCOMPANY TYPEPublic Ensurin Thursday, February 4. th. , 2021 . GASB Statement No. 87 Objectives. GASB 87 Defined. Why Change?. Why is the reporting for Leases Changing:. Currently, there are two separate types of leases. . ". Capital Leases" are those leases that meet certain criteria as set forth in FASB Statement No. 13. These leases are recorded on the financial statements as an asset (for the underlying item being leased) and a lease liability (for the remaining future lease payments). . Presented by:. CA Verendra Kalra. ORGANISED . BY. . ON. AUG 05, 2008. AT. ONGC. . 2. ACCOUNTING STANDARD – 12. OVERVIEW. . ACCOUNTING STANDARD – 12. ILLUSTRATIONS. DISCLOSURES. REFUND. RECOGNITION. John D. Daum, CPA, Partner. James W. Gilson, CPA, Partner. Condon O’Meara McGinty & Donnelly LLP. Introduction. Condon O’Meara McGinty & Donnelly LLP. Providing audit, tax and other consulting services to private clubs for approximately... PrimeGlobal. Janne . Fredman. @. JanneFredman. 11.10.2019. Presentation of Finnish accounting process framework – multinational business calls for in depth country specific consideration. How to combine compliance requirements with effectiveness... Presented by:. MARIE BRILMYER, . CPA, . PARTNER. Tina Dzik, . CPA, . PARTNER. April 12, . 2018. Welcome. . &. . Introducti. ons. Contact Information . MARIE BRILMYER, . CPA. PARTNER. mbrilmyer@cohencpa.com.