Support Learning and Insight

It’s more important than ever to understand the challenges facing financial executives. Support the Financial Education & Research Foundation today.

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). 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:

  • Latest topics addressed by the largest accounting firms:
    • Lessor general allowances for doubtful accounts for lease receivables;
    • Business acquisition topics such as asset purchases as opposed to a business combination, acquiring companies that have not yet adopted by companies that have, and acquisitions where companies made different elections in adoption;
    • Asset abandonment implications when ROU asset is not impaired.
  • FASB invitation to discuss potential revisions to standard or matters requiring clarity or education.
  • IASB overview of standard adoption, current technical matters and responses to submitted topics.
  • Impact of remeasurements subsequent to adoption on financials for leases where lessee has elected to combine the lease and nonlease components.
  • Calculation of present value of lease payments in a classification test subsequent to lease commencement – technical conclusion and implication that identified lease systems are calculating improperly.
  • Feedback from firms on SEC landscape of reviews of disclosures in filings.

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 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.


Mr. Shawn Husband

Senior Director, Global Lease Center of Expertise


1.00 CPE




Accounting, Technical



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:

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.