Industry experts to address key policy elections, practical expedients, and lease administration challenges to be addressed before implementation
RESTON, Va. (PRWEB) August 27, 2018
LeaseAccelerator, the pioneer of the Enterprise Lease Accounting software category, announced that it will host a webinar to discuss the key challenges with real estate lease accounting under the new ASC 842 standard. Experts will discuss the critical implementation considerations for transitioning real estate lease portfolios onto the balance sheet before the upcoming the ASC 842 and IFRS 16 deadlines.
What: Real Estate Lease Accounting Challenges Under ASC 842
During the Webinar, LeaseAccelerator experts will provide insight on:
- Accounting policy elections and practical expedients
- Separating lease and non-lease components
-Tracking modifications and reassessments
- Reporting differences between US GAAP versus IFRS
- Operational challenges for day one and day two
Who: The featured presenters are:
- Mark Koppersmith, Lease Accounting Expert and Vice President of Product Management
- Scott Silver, Real Estate Expert and Lease Accounting Solutions Consultant
When: Tuesday, August 28 – 2:00PM ET/ 1:00PM CT / 11:00AM PT
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/.