Summit Agenda

General Session

Wednesday, June, 12th

Open to all summit attendees

Download Full Agenda

Breakfast Educational Sessions

Breakfast will open for all attendees at 7:30am.

7:45 am

Government & Non-Profit Track

Introduction to GASB 87

Learn the differences between GASB 87 and the new FASB rules. Understand the impacts to the balance sheet, statement of activities, and cash flow statements along with the GASB principles for lease definition, term, modifications, and terminations.

Multi-national Track

International Reporting and Foreign Exchange

Learn how to handle the top issues facing multinationals including demystifying foreign exchange issues, preparing for statutory reporting, working with regional auditors, and understanding the key differences between IFRS and US GAAP.

Morning General Session

8:42 am

Opening Remarks

Kickoff to the fourth Enterprise Lease Accounting Summit with a brief overview of the agenda and what to expect from the day.

8:50 am

Preparing for Audits

Hear predictions on what to expect from the first full year audit and how companies are planning to demonstrate accuracy and completeness. Understand how companies are working with auditors throughout the implementation on scoping, policies, materiality, and practical expedient elections.

9:30 am

Designing the Close Process

Hear best practices and lessons learned from public companies who recently filed their first 10-Q of 2019 under the new standards. Learn key considerations for timing of subledger cutoff, handling manual workarounds, and dependencies between financial systems.

10:15 am

Morning Break

10:30 am

IFF Case Study

International Flavors and Fragrances will share a case study of their lease accounting journey. IFF’s project leader will share the key challenges and obstacles faced during implementation as well as the best practices and insights gained post-adoption.

11:00 am

Incremental Borrowing Rates

The incremental borrowing rate is one of the most significant judgments that will need to be made by lessees. Learn best practices for making reasonable approximations by utilizing reference rates such as government bonds and working with banks and lenders to obtain secured borrowing rates.

11:30 am

Morning Wrap-Up

A special guest will offer a quick recap of the morning’s sessions.

11:45 am

Lunch

Afternoon Breakouts

12:30 pm

Pre-Adoption Day One Track

Transition and Practical Expedients

Understand the pros and cons of electing various practical expedients available for ASC 842 and IFRS 16, including the package of three, short term exemptions, and low value lease exemptions.

Post-Adoption Day Two Track

Complex Use Cases

Prepare for the unexpected by learning some of the most challenging use cases with real estate and equipment leases, including partial equipment lease terminations, index-based rent changes, and sale-leaseback transactions.

1:05 pm

Data Abstraction and Collection

Learn best practices for collecting data. Topics will include identifying embedded leases, handling foreign languages, and using machine learning technologies.

Managing and Optimizing the Close

Define a roadmap for reducing the cost, time, and risk required for the monthly close post-adoption by leveraging automation, staff augmentation, and new controls.

1:40 pm

Selecting a Software Provider

Understand the pros and cons of spreadsheets, ERP, real estate and stand-alone systems. Learn key software features such as the leasing subledger and accounting engine.

Building a Center of Excellence

Learn the key considerations for building a center of excellence to manage the record-to-report process, including defining scope, sourcing talent, and interacting with the business units.

2:10 pm

Afternoon Break

2:25 pm

Selecting an Implementation Partner

Learn the benefits of engaging external advisory firms for future state design, data abstraction, software selection, testing, communications, training, and overall project management.

Business Case for Integration

Understand the ROI from linking your lease accounting applications to other financial systems such as the GL, accounts payable, real estate, and equipment-centric asset management systems.

3:00 pm

Lessor Accounting for Lessees

Master the key differences between lessee and lessor accounting. Learn the processes, systems, and controls required to apply the standards for sub-leases and inter-company arrangements.

ROI for Centralizing Lease Management

Lease accounting can be more than a compliance burden. Understand how companies are benefiting from centralization with cost savings through smarter capital decisions, lower financing rates, and reduction of evergreen fees.

Afternoon — The Close

3:45 pm

TBD Case Study

A Fortune 1000 company will share a case study of their lease accounting journey.

4:15 pm

TBD Case Study

A Fortune 1000 company will share a case study of their lease accounting journey.

4:45 pm

Afternoon Wrap-Up

A special guest will offer a quick recap of the afternoon’s session.

5:00 pm

Closing Remarks

6:00 pm

Shuttles will depart for evening activity

Pre-Conference Workshops & Training

Tuesday, June, 11th

Open to LeaseAccelerator Customers and Partners Only

9 am – 5 pm

LeaseAccelerator Application Training

Both partners and customers can get trained in how to implement and operate LeaseAccelerator’s enterprise lease accounting application. Attendees will earn CPE credits.

Post-Conference Workshops

Thursday, June, 13th

Open to LeaseAccelerator Customers Only

LeaseAccelerator Customer Forum

LeaseAccelerator customers attending the Enterprise Lease Accounting Summit are encouraged to join this customer-only half-day session (9 am – 2 pm).

Customer Forum Agenda:

1

Company Update

LeaseAccelerator’s CEO will provide an update on the company’s growth over the past year and share his vision for what is next on the horizon.
2

Product Roadmap

LeaseAccelerator’s VP of Product Management & Strategy will provide the latest updates to LeaseAccelerator’s product roadmap for the remainder of 2019 as well as a preview of new functionality planned for 2020.
3

Technology Update

LeaseAccelerator’s Chief Technology Officer will provide an update on recent changes and future plans for release management, performance tuning, quality assurance, and SOC audits.
4

Training Update

LeaseAccelerator’s Head of Learning and Development will provide an overview the latest curriculum updates to the online training platform and share best practices for developing a certification program for Leasing Centers of Excellence.
5

Integration Options

LeaseAccelerator’s technology team will share best practices for integrating lease accounting applications with other financial systems based upon over 50 real-world implementations. Learn how to achieve straight through processing with AP, GL, real estate, and asset management systems from SAP, Oracle, and others.

Meet the Lease Accelerator Leadership Team

Meet the LeaseAccelerator leadership team face-to-face. Share your viewpoints and priorities on product roadmap, service delivery, and corporate strategy items.

Executives attending the Summit and Forum will include:

Michael Keeler

CEO and Founder

Jonathan Crawford

Chief Technology Officer

Tracy Henriques

Chief Customer Officer

Mark Koppersmith

Vice President of Product Management and Strategy

John Kuett

Vice President of Lease Accounting, EMEA

Bruce Conway

Vice President of Lease Accounting

Scott Dunnihoo

Vice President of Customer Success

Omar Harouni

Director of Enterprise Integration

Sam Weber

Director of Resource Development and Training

Registration Is Now Open!