Nonprofit Lunch & Learn – What You Need to Know About the New Lease Accounting
In this session, we will deliver an overview on the new lease standard from the FASB. Join us for this webinar to learn how your organization’s finances and operations will be affected. This new standard represents a significant change in the accounting principles that nonprofits use to recognize leases and affects virtually all Nonprofits organizations no matter their sizes and types. This standard becomes effective for all nonprofit organizations in 2020. Join us from one of two locations for an interactive discussion regarding this topic. Lunch will be provided.
Please Register By June 25th.
Participants of this webinar will be able to:
- Identify, classifying and accounting for leases under the standard
- Understand areas of frequent questions and illustrative examples highlighting changes from existing GAAP
- Understand the transition process, including practical expedients entities may want to consider using
- Know how to begin planning for implementation of the standard
Delivery: The webinar will be delivered via the BDO Online CPE Network
Advanced Prep: None
Credits: 1.5 CPE Credit in Accounting
Program Level: Basic