Most companies have leases for equipment and real estate assets in some part of their operations or business activities. Currently, operating leases (lessee) for equipment and real estate are reported in the balance sheet and are disclosed in the notes to the financial statements. Today’s current lease accounting regulations have been stable for decades, but that is about to change. Organizations worldwide will need to start complying with new regulations for lease accounting published by the FASB and the IASB called ASC 842 and IFRS 16 and announced to begin to go into effect starting on January 1, 2019, in many regions around the world, but early adoption is permitted under some circumstances.
Please join this expert session to better understand the business process implications and system changes necessary to assist companies with their efforts to be compliant with the new regulations for leases – IFRS 16 & ASC 842.
Learn the role that SAP Lease Administration by Nakisa can play in assisting companies with their efforts to be compliant with new regulations for leases – IFRS 16 & ASC 842.Please join us to discuss best practices with experts from SAP, PWC, and Nakisa.
Date: Thursday, September 7, 2017
Time: 09:00 AM Central European Summer Time
Duration: 1 hour