OATUG Projects SIG Presents: Implementing FASB ASC 842 and International IFRS 16 using Technology

When:  Jun 27, 2019 from 01:00 PM to 02:00 PM (ET)
In 2016, the FASB issued ASC 842 requiring both Public and Privately held companies to account for Operating Leases greater than I year to hold as Capital Leases. Both the US ASC 842 and international IFRS 16 require a lessee to recognize a lease liability for each lease contract based upon the present value of future lease payments with an offsetting right of use asset. Public Companies are required to account for the leases in 2019. Private Companies will be required to report this way for Fiscal Years beginning 12/15/2019.

Learning Objective:
Participants will understand the lease accounting market landscape and learn key things to consider during lease accounting implementation projects.

This session is intended for audiences using Oracle Projects, Property manager, General Ledger & Fixed Asset for both ERP and Cloud.

OATUG members, please log in for full access to OATUG resources.