AUSTIN, Texas--(EON: Enhanced Online News)--Accruent, the world’s leading provider of real estate, facilities and asset management software is hosting a webinar on December 14 about the impact of FASB 842 on leased assets.
The Financial Accounting Standards Board (FASB) issued an Accounting Standards Update that affects the leases on assets such as real estate and manufacturing equipment. The update is intended to increase transparency and to improve financial reporting by recognizing lease assets and lease liabilities on the balance sheet and disclosing key information about leasing arrangements.
- Who: Accruent’s Retail Industry Product Manager, Cameron Nokes, and Cresa’s Director of Consulting Services, Brian Ponchak. Ponchak, formerly of PricewaterhouseCoopers, is a CPA with expertise in the commercial retail and restaurant industries.
- When: Wednesday, December 14, 1pm-2pm Central
- What: The webinar will provide an overview of the FASB changes and timeline, including the effect on Controls, Human Resources, and Lease Administration. The discussion will consider key factors in implementing the accounting change that affect internal and external users of financial statements.
Accruent helps real estate, facilities and asset leaders deliver long-term, world-class operational and financial performance through industry-specific suites that deliver greater customer value. Accruent’s solutions are at work in more than 5,800 leading organizations worldwide, including 40 of the top 100 retailers, 25 percent of the Fortune 500, 40 percent of leading universities, all 4 of the top U.S. wireless carriers, 55 percent of U.S. hospitals as well as leading service providers managing more than eight billion square feet of property. Founded in 1995, Accruent is headquartered in Austin, Texas, with locations across the U.S. and in Canada, China, India and the United Kingdom. For more information, visit www.accruent.com.