Preparing for Year End: Required Disclosures and Asset Impairments under the New Lease Accounting Standards
In this on-demand webinar, our lease accounting experts outline the quantitative and qualitative disclosures required under each of the new lease accounting standards – FASB, IASB, and GASB. They will also highlight the differences and similarities with the legacy accounting standards. Finally, viewers will learn about asset impairments under the new standards, with an emphasis on the impact of COVID-19 on year-end impairment analysis.
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Materiality, Immateriality, and Material Misstatements in Accounting Explained
What is materiality in accounting? Materiality is the accounting concept that the more significant missing or incorrect information is to an entity, the larger impact the error or omission may have on the decision-making of users of the affected financial statements....
How to Replace Your Lease Accounting Solution
During many organizations’ initial implementation of the lease accounting standards, a software was selected to assist in crossing the finish line to compliance. If the selection of lease accounting software was frantic or last minute, you may not have had the...