Revenue Recognition and Lease Accounting: Changes Have Arrived!

William F. O’Brien, MBA, CPA, Executive Education, Inc.

FASB has issued new standards for revenue and lease accounting that will go into effect soon. Some companies will have major revenue recognition changes. Two types of leases remain, each with their own unique accounting treatment, but the old operating lease concept has disappeared. This session will help you become prepared for the reporting changes that await you in the near future.