Wed Dec 1 UTC (about 2 months ago)
In your timezone (EST): Wed Dec 1 4:00am - Wed Dec 1 5:00am
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.
• 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?
• Bank Director
• Credit Professionals
• Lending Professionals
Principal, Devon Risk Advisory Group