Central Changes to Lease Standards Lunch & Learn
It’s time for contractors, and their accounting professionals, to get serious about FASB ASU 2016-02, Leases (ASC 842).
Join us for this FREE lunch and educational opportunity on Tuesday, June 14th in North Little Rock where our expert speakers will discuss the impact the lease standard will have on your companies, specifically bank and surety considerations.
This presentation will provide further insight to some of the key areas that you should be aware of when implementing the new standard. This change will mean that under the new standard, companies will have to capitalize all leases with terms greater than 12 months, creating a new asset and liability on the balance sheet. In addition, all leases will be classified as operating or financing leases (“capital lease”). A key element of this standard is that it does not grandfather existing leases.
We encourage all members and prospects to attend!
Reservations are required.
Tuesday, June 14, 2022
11:30 a.m. - 1:00 p.m.
ABC Arkansas Facility
(Front building conference center)
6 Collins Industrial Place
North Little Rock, AR 72113
Lunch compliments of ABC's Red, White & Blue Sponsors!
Colin Gorman, CPA/PFS, CVA, CCIFP, CIT
Lindsey Baker, CPA
Partner: Audit & Assurance Manager
Must RSVP to [email protected] by Friday, June 10th to reserve your spot or call 501.812.0828 for questions.
48-hour notice must be given for cancellations. Substitutions are permitted.
No-shows and late cancellations will be charged a nominal fee of $10 to cover food cost.
ABC Arkansas is taking enhanced health and safety measures to make this event as safe as possible for our attendees and staff. An inherent risk of exposure to COVID-19 exists in any public place where people are present and we cannot guarantee that you will not be exposed. The Center for Disease Control (CDC) advises that older adults and people of any age who have serious underlying medical conditions might be at higher risk for severe illness from COVID-19. Attendees should evaluate their risk in determining whether to attend. By attending this event you are voluntarily assuming all risks related to exposure to COVID-19. We appreciate your cooperation during this unprecedented time. Visit the CDC website for the latest guidelines.