New Lease Accounting Rules and their Impact on Valuation
FASB made significant changes to how leases are recognized on a company’s financial statements. In this webcast we will discuss the impact of these changes on estimating business enterprise values (BEV), weighted average cost of capital, and the impact of this change on impairment testing.
Format
Webcast
NASBA Field of Study
Accounting
Level
Basic
CPE Credits
1.5
Instructor
Brad Edwards, Maryellen Galuchie
Availability
3 months
Product Number
WC2656016
FASB changes
With the publication of Accounting Standards Update (ASU) No. 2016-02, Leases (Topic 842), FASB made significant changes to how leases are recognized on a company’s financial statements.
The most notable change is the new requirement for operating leases to be presented as a ‘right of use’ asset and a lease liability. In this webcast we will discuss the impact of this change on estimating business enterprise values (BEV), weighted average cost of capital, and the impact of this change on impairment testing.
Learn the steps to recognize a new lease, determine the appropriate discount rates, and the financial statement impact. Additionally, we will review how the current lease guidance may impact their own valuation engagements and the important differences between ASC 842 and IFRS 16 standards.
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