Food + Beverage Webinar: Lease Accounting Changes for Food + Beverage Companies
What impact will the ASU changes have on the Food and Beverage Industry?
The Financial Accounting Standards Board (FASB) has issued an Accounting Standards Update (ASU) on lease accounting. This ASU affects all companies that lease assets and can significantly change the way health care entities account for leasing arrangements. During this webcast, presenters will discuss the new lease accounting changes and the reporting impact on food and beverage companies. Industry experts from First American Equipment Finance, Mazars, LLC. and The Food Institute will also explore how the changes may impact the industry's strategic use of lease financing and industry trends.
What You Will Learn:
- Timing of implementation, effective dates and transition considerations
- Changes to financial reporting and the impact on financial statements
- How to calculate asset, liability and expense transactions
- Specific “special” considerations in the new standard
Senior Vice President
First American Food + Beverage Division
The Food Institute