AGA/EEI Lease Accounting Workshop

Event

  • Event
Sep 25, 2017 - Sep 26, 2017

Overview

Leases Accounting Workshop
September 25-26 (program begins at 8:00 a.m. on Monday and concludes at 11:30 a.m. on Tuesday)

The FASB’s new lease accounting standard ushers in a new era.  Lessees will recognize most leases on-balance sheet; increasing their reported assets and liabilities – sometimes very significantly.  And while lessor accounting remains substantially similar, there are some important changes.   Implementation is effective in less than two years so understanding and assessing the impact will allow you to develop an efficient and timely adoption plan – especially important given the concurrent revenue recognition account change implementation efforts. 

AGA and EEI are teaming with KPMG in this 1 and ½ day workshop designed to help you understand the logic, implications, problem areas and major changes around lease accounting for power and utility companies.  Topics to be covered through instruction and practical application, include: lease definition, components and key concepts; power and utility contacts and issues; lessee accounting; lessor accounting; key implementation issues, diagnostics, and best practices; interactions with current GAAP including ASC 980; and presentation, disclosures and transition.

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