How are Financial Statements Affected Now That the New Lease Accounting Guidance is in Effect?

Recorded On: 05/25/2022


Back to Package

The Financial Accounting Standards Board (FASB) issued new lease accounting guidance in response to criticism of the existing guidance for not providing financial statement users enough information about an entity’s leasing activities.  The most significant change resulting from implementation is that lessees will be required to put nearly all leases on the balance sheet by recognizing a right-of-use asset and a lease liability.  After several delays to the effective date, most companies were required to adopt the guidance on January 1, 2022.  This seminar will provide a high-level overview of how financial statements will be affected by the new guidance, including the effect on various performance metrics.

Gisèle Couturier

Manager

Albin, Randall & Bennett

Gisèle Couturier, is a manager at Albin, Randall & Bennett focused on providing accounting and auditing services to construction and other commercial entities, not-for-profit organizations, and financial institutions. She holds a Bachelor’s degree from the University of Southern Maine and a Master’s degree from the Rochester Institute of Technology.  Gisèle is a member of the American Institute of Certified Public Accountants and the Maine Society of Certified Public Accountants. 

imageSee your success with Old Republic Surety. Success can come from a ferocious appetite to win. Strength helps too. Choose a surety partner with the character to win. We write bid bonds, performance & payment bonds and maintenance bonds in all 50 states. Responsive, Reliable, Respected - Old Republic Surety.

Key:

Complete
Failed
Available
Locked
Virtual Seminar Recording
05/24/2022 at 2:00 PM (EDT)   |  60 minutes
05/24/2022 at 2:00 PM (EDT)   |  60 minutes
Evaluation
2 Questions
Certificate of Attendance
Live Viewing: No credits available and certificate available
Live Viewing: No credits available and certificate available