ASC-842 Rule: Impacting Financial Decision Making
The transition from ASC 840 to ASC 842 will significantly affect financial decision-making. The reduction of off-balance-sheet financing from the recording of operating leases on the balance sheet will modify financial statement presentation in almost all cases while also affecting financial statement ratios, key performance indicators, and banking compliance considerations.
You're invited to join our Assurance & Business Advisory team as we review the new accounting standard, including:
- ASC 842 implementation timeline and reminders
- Differences between an operating and finance lease
- An overview and case study of the effects of implementation on financial statement presentation, loan covenants, and banking compliance
- How GBQ can help
- Q&A
Date and Time
Wednesday Aug 4, 2021
11:30 AM - 12:30 PM EDT
August 4, 2021
11:30 AM – 12:30 PM EDT
Location
Webinar
Fees/Admission
FREE
Contact Information
Kyrie Bumpus at kbumpus@gbq.com or 614-947-5301
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