Lease Capitalization—How It Affects Borrowers and Lenders 2021 | Western Bankers Association | 1 December 2021 | Webinar
Venue
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| Event Date |
Wed Dec 1 UTC (about 3 years ago)
In your timezone (EST): Wed Dec 1 4:00am - Wed Dec 1 5:00am |
| Location | Webinar |
| Region | All |
Details
Generally accepted accounting principles (GAAP) do not change often, but when they do, bankers need to understand how the change in GAAP effects their borrowers’ ability to repay. GAAP is going to require that companies capitalize their leases, and that will worsen their leverage, reduce their liquidity, and lower their profitability.
This webinar will explain why and when lease capitalization will be implemented and show how capitalizing both operating leases and financing leases will impact the financial condition and performance of borrowers.
Learning Objectives:
• Learn the key elements of the lease capitalization GAAP
• Explain how lease capitalization will put both the lease liability and the right-of-use asset on the borrower’s balance sheet
• Offer guidance on what items of financial condition and performance will be most impacted and tips on how to underwrite borrowers under
Who Should Attend?
• President
• CEO
• Bank Director
• Credit Professionals
• Lending Professionals
Speakers
2021 Speaker
Dev Strischek
Principal, Devon Risk Advisory Group