Member Webinar: New Lease Accounting Standards: Navigating IFRS 16 & U.S. GAAP
Wednesday, May 25, 2016
New Lease Accounting Standards: Navigating IFRS 16 & U.S. GAAP
David Dalziel & Nomita Dan, Deloitte
After almost 20 years of effort and a dozen CFLA submissions, the International Accounting Standards Board and the U.S. Financial Accounting Standards Board released new lease accounting standards in early 2016. Many changes are coming as the new standards are slated to come into force from January 1, 2019. CFLA is here to help members prepare.
On Wednesday, May 25, 2016, David Dalziel, Chair of CFLA’s Accounting Committee and his colleague Nomita Dan from CFLA member accounting firm Deloitte gave a free webinar on how to navigate the new lease accounting standards. The webinar was intended to provide a high level overview of the coming changes and to discuss how they might impact your business. Specifically, the webinar showed how accounting under IFRS 16 and/or U.S. GAAP will be different and it will outline the practical challenges and implications for leasing strategy.
The presentation was followed by a Q&A session
CFLA IFRS Webpage
(including copies of key IASB & FASB documents)