Featured Speakers

Speakers from Fortune 1000 and Major Accounting Firms

Shauna Watson

Vice President and Global Head of Technical Accounting,
RGP

Taylor Clark

Accounting and Policy Director,
AGCO Corporation

Chad Soares

National Office Partner specializing in leasing,
PwC

Len Neuhaus

Lease Accounting Consultant,
International Flavors and Fragrances

Joe Mussey

Manager of Accounting Policy and Consultation,
General Dynamics

John Bober

Senior Advisor to Financial Accounting Advisory Services practice,
EY

Former Managing Director and Global Technical Controller,
GE Capital

Presentation Topics

Technical Accounting

  • Practical expedients
  • Determining incremental borrowing rates
  • International reporting vs US GAAP
  • Presentation and disclosures

Resources

  • Staffing the lease accounting project team
  • Selecting an implementation partner
  • Building leasing centers of excellence
  • Recruiting and developing talent

Business Processes

  • Understanding the procure-to-pay lifecycle
  • Tracking changes throughout the term
  • Roles and responsibilities of business units
  • Automating record-to-report and the monthly close

Policies and Controls

  • Defining accounting policies for leasing
  • Designing controls for day 1 and day 2
  • Working with auditors pre- and post-adoption
  • Ensuring accuracy and completeness

Data

  • Inventorying the enterprise lease portfolio
  • Abstracting data from leasing contracts
  • Maintaining completeness
  • Integrating between systems

Systems

  • Lease accounting software selection
  • Lease administration vs accounting
  • Integrating with GL, AP, and Real Estate
  • Testing system outputs for accuracy

Equipment Leasing

  • End of term buyouts, returns, and renewals
  • Multi-asset lease schedules
  • Working with the asset owners
  • Modifications, reassessments, and remeasurements

Real Estate Leasing

  • Variable rent changes
  • Collaborating with the real estate team
  • Separating lease and non-lease components
  • Sub-leases, sale/leaseback, and build-to-suit arrangements