Webinar

DEBRIEF: FEI Committee on Corporate Reporting – Leases Working Group

Presented by Shawn Husband and Financial Executives International
Watch Archived Webinar | Download Presentation 

FEI’s Committee on Corporate Reporting has an engaged Working Group that focuses and monitors the latest developments in Leases (Topic 842/IFRS 16). Shawn Husband, Chair of the Leases Working Group, will lead a discussion and debrief of the Working Group’s most recent meeting and participate in Q&A on technical accounting, process, implementation and systems.

Topics covered at the meeting include:

  • FASB Staff update on ASC 842 Outreach project (potential revisions to standard or matters requiring clarity or education)
  • Latest topics addressed by the largest accounting firms and comments on SEC presentation at AICPA conference
  • Topics discussed from attending companies:
    • Implications of upgrading an underlying asset (lessor accounting)
    • Consideration of fair value when a portion of an asset
    • Held for sale accounting impact on ROU asset depreciation
    • Determining fair value of land leases
      • Questions on how handle dual GAAP markets with both US GAAP and IFRS/local standard
        • One policy or multiple
        • IBR questions by local auditors in IFRS markets
        • External audit centralized or decentralized
        • Outsourcing
        • Statutory accounting centralized or decentralized
        • Low value exemptions

Reserve your place and have the opportunity to ask your questions on these topics, and any other topics of interest surrounding the new lease accounting standards.

Questions? Contact FEI's Professional Development Department at [email protected] or 973.765.1029

By registering for this professional development event, you provide consent to FEI to share your contact information with the organizer/sponsor, who may use it to communicate directly regarding this opportunity and/or other products/services.

Speakers

Shawn Husband

Senior Director, ESG Reporting
Walmart, Inc.

Credits

1.00 CPE
Basic

Method

group-internet-based

Field

Accounting, Technical

Prerequisites

None

National Registry of CPE SponsorsFinancial Executives International (FEI) is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State Boards of Accountancy have the final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org.

For FEI CPE credits, one credit hour equals 50 minutes according to NASBA guidelines. Some states boards may differ on how many minutes constitute a credit hour. Contact your state board for more information. For more information regarding administrative policies such as complaint and refund, please contact our offices at 973.765.1029.