Home > Distance Learning > On-Demand Webcasts

OD: Lease Accounting and Reporting Changes

Tuesday, November 16, 2010 1:00 PM ET

Overview

FASB has issued an Exposure Draft that will change lease accounting and reporting. The proposal was influenced by international convergence and FASB’s desire to keep investors informed about organizations’ leverage and return on investment. The proposed guidance will eliminate operating leases by requiring recognition of the assets and liabilities arising from all lease contracts. Although inspired by concerns about publicly traded companies, NFPs have not been scoped out of FASB’s proposed guidance.

What You Will Learn:

• Gain insight into FASB’s technical agenda and its impact on NFP entities
• Develop an understanding of the history of the proposed accounting standards update
• Acquire knowledge that will inform future resource allocation and leasing decisions
• Gain an auditor’s perspective on projected implications

Who Should Participate?

• AVPs of finance and administration
• CFOs
• Controllers
• Director of Finance
• Sponsored research accountants

Meet the Presenters:

• Kevin Byrne
  The University Financing Foundation, affiliated with Association of University Research Parks
• Jeffrey D. Mechanick, Assistant Director
  FASB
• Cynthia A. Pierce, CPA, Partner
  Crowe Horwath LLP
• Mary S. Wheeler, Assistant Vice President for Finance
  Stevens Institute of Technology
  

Course Information:

• Course Level: Intermediate
• Length: 105 minutes
• Prerequisites: none

Fees