With the effective date of the new lease accounting standards quickly approaching and many health care providers already having started implementation, it’s time to get cozy with the guidance. In this complimentary webinar, we’ll recap the new rules, discuss challenges and explore opportunities in the implementation. We’ll also summarize the impacts the changes are having on health care providers’ financial statements, key ratios and disclosures.
Upon completion of this program, participants will be able to:
- Identify the requirements of Accounting Standards Codification Topic 842 – Leases
- Describe the models used to identify right-to-use asset arrangements and determine their classification as capital versus operating
- Recognize the challenges of implementing the guidance in a health care setting and investigate potential practical solutions
- Summarize the effect of the changes on a health care organization’s financial statements, key ratios and disclosures/reporting