In February 2016, the Financial Accounting Standards Board (FASB) issued Accounting Standards Update No. 2016-02, Leases (Topic 842). This represents the first comprehensive overhaul in lease accounting in approximately 40 years.
Although Topic 842 isn’t effective until fiscal years beginning after December 15, 2018 for public companies (fiscal years beginning after December 15, 2019 for non-public companies), stakeholders should be aware of the key changes, as they will have a significant impact across all industries, including the transportation industry. When effective, the update will supersede the current lease accounting standard (Topic 840).
The webinar will discuss the technical changes, as well as the update’s specific impact on the transportation industry, and discuss planning opportunities.
This FREE webinar will be held:
Please utilize the following links to direct you to specific information pertaining to the webinar.