Lease Accounting Newsletter
January 29, 2019
 
 
 
LeaseAccelerator
 
 
Lease Accounting Newsletter
 
 
LATEST NEWS
 
 

 
It's Official! ASC 842 and IFRS 16 Initial Effective Dates are here.
 
The new lease accounting standards have gone into effect for many publicly traded calendar-year filers as the effective dates of December 15th (US GAAP) and January 1st, 2019 (IFRS) have passed. In the coming months we will bear witness to the biggest accounting change in history as trillions of dollars begin to move on balance sheet in the first quarterly investor filings. Read the official announcement about the effective date on the IFRS website.
 
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Wall Street Journal: CFOs Discover Surprise Savings from New Lease Accounting Standards
 
Wall Street Journal discusses how CFOs can achieve cost savings from implementing the new lease accounting standards. Read to learn how US and European companies could cut lease expenses by 16% to 20%. From The Wall Street Journal.
 
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Accounting for Lessors - Simplified Proposal
 
PwC comments on FASB’s proposal changes to lessor accounting that will impact financial institutions, captive finance companies and entities in the scope of financial services depository and lending guidance. From PwC.
 
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LeaseAccelerator and Armanino Launch Joint Solution
 
LeaseAccelerator and Armanino, one of the top 25 largest independent accounting and business consulting firms in the U.S., have formed an alliance to help public, private, and non-profits accelerate adoption of the new GAAP Standards. Following its success supporting the adoption of the new revenue recognition standards, Armanino has built a practice to assist clients with assessment, strategy and implementation of the new ASC 842 lease accounting standards. From Monitor Daily.
 
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4 Things You Need to Know for IFRS 16 Contracts
 
While many entities have already been evaluating the impact of IFRS 16 on their financial statements, many have yet to fully consider its impact on their various financing agreements. Learn how entities should evaluate and approach the implications of IFRS 16. From JD Supra. 
 
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WEBINAR REPLAY
 
 
 
Lease Accounting and Healthcare Webinar
 
 
  Watch this RGP Healthcare and LeaseAccelerator webinar replay to learn how healthcare entities can avoid first timer implementation mistakes (lessons learned from public healthcare companies) and share the critical milestones for ensuring successful adoption of the new lease accounting standards.  
 
 
 
 
 
 
UPCOMING EVENTS
 
 
 
CFO Exchange Conference
 
CFO Exchange Conference
 
February 24-16, 2019
Miami, FL
 
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SAPinsider Financials Conference
 
SAPInsider Financials Conference
 
March 19-21, 2019
Las Vegas, NV
 
Learn More