LeaseAccelerator CEO to Share Guidance on Technology Strategies and Executive Buy In at Lease Accounting Event
RESTON, Va. (PRWEB) May 15, 2018 -- LeaseAccelerator, the pioneer in the Enterprise Lease Accounting software market, will join Bloomberg Tax and Deloitte on May 17th at Lease Accounting Standard: A Way Forward. The daylong conference will bring together chief financial officers, controllers, financial accountants, auditors, analysts and other accounting professionals for a discussion on the challenges, breakthroughs and potential regulatory changes in the new lease standard.
What: Executive Buy In and The Tone from the Top
The magnitude of the new lease accounting standard and its potential effects on corporate financial statements require understanding and approval from senior management and transparent communication between the company and its shareholders. How should controllers and accounting policy directors effectively communicate cost expectations of the new standard to the C-suite, and how will the C-suite facilitate discussion with corporate shareholders? What functions within the organization need to be included? Who are the critical stakeholders? All questions the panelists will answer.
Who: Michael Keeler, CEO, Lease Accelerator
Andrew Fiorenza, Director of Accounting Policies, Comcast Corporation
David Samuels, CFO, DrFirst, Inc.
When: Thursday, May 17th at 1:30PM (EST)
Where: Newseum - 555 Pennsylvania Ave NW, Washington, DC 20001
Additional Information: https://www.bna.com/lease-accounting-standard/
Financial statement practitioners face imminent deadlines to meet new lease accounting rules issued by the Financial Accounting Standards Board (FASB). All companies are likely impacted, but especially companies with substantial equipment or real estate operating leases. These companies will likely have their work cut out for them to comply with the standard’s requirement to establish a right-of-use asset and lease liability. This interactive conversation will provide insight into: how to apply the lease standard in real-world situations, understanding what C-suite executives need to know and strategies to engage internal stakeholders.
About LeaseAccelerator
LeaseAccelerator offers the market-leading software-as-a-service (SaaS) solution for Enterprise Lease Accounting, enabling compliance with the current and new FASB and IFRS standards. Using LeaseAccelerator’s proprietary Global Lease Accounting Engine, customers can apply the new standards to all types of leases, including real estate, fleet, IT and other equipment at an asset level as required by FASB and IASB. On average, LeaseAccelerator’s Sourcing and Management applications generate savings of 17 percent with smarter procurement and end-of-term management. Learn more at http://www.leaseaccelerator.com/.
Max Leitenberger, Buttonwood Communications Group, http://www.buttonwoodpr.com, (914)-434-5725, [email protected]
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