Join BKD for a two-part webinar series breaking down FASB's new lease standard. The new lease standard is required for all private companies and private nonprofits effective for fiscal years ending on or after December 31, 2022. This session will provide an in-depth review of the lease accounting and reporting requirements, including a walk-through of example lease scenarios to better understand the amortization tables used to record the required journal entries. We'll also share lease examples for lease presentation and disclosure within the financial statements. This session is meant to be practical for the internal accountant responsible for managing the lease accounting area and financial statement reviewers.
Upon completion of this program, participants will be able to:
- Discuss lease amortization tables
- Explain the required lease accounting journal entries
- Discuss the financial statement presentation and disclosure requirements