Cross-User Group Sessions | Finance

GPUG

FIN11 - Standards for Leasing: Steps to be Compliant with ASC 842

Thursday, October 12
1:15 PM - 2:15 PM
Location: Canal B - Delta Mezzanine Level M

Format: Presentation
Level: Basic
CPE: 1
Version: Any

Leasing is an important activity for many entities, and new accounting standards on this topic are coming very soon. If you're not up to speed on the changes coming with ASC 842, Neil MacDonald from Binary Stream has you covered. This new standard takes effect in 2019, requires 2 years retrospective presentation, and will drastically change financial statement preparation, so plan ahead and you'll be ready to tackle this reporting change when requirements dictate it.

Learning Objectives:




Neil MacDonald

Solutions Consultant
Binary Steam Software

Over three decades of progressive business, Project and IT Management coupled with formal management and financial training, backed up by technical and industry certifications. This includes more than 10 years working with Dynamics ERPs as an implementation consultant, a salesperson, and a pre-sales solutions consultant. Extensive project management and technical leadership experience in the delivery and implementation of multiple IT Call Centre and ERP projects. Highly developed problem resolution and consulting skills in the application of best practices and efficiency initiatives for infrastructure related undertakings. Keen understanding of SLA/SOW negotiation and fulfillment. Acute attention to detail and financial analysis of current and future endeavors. Recognized and highly motivated, and motivational, leader and mentor with the ability to liaise with front line workers as well as C-level executives.

Specialties: CMA (Certified Management Accountant); CPA (Certified Professional Accountant)
PMP (Project Management Professional)
MCSE (Microsoft Certified Systems Engineer);
MCBMSP (Microsoft Certified Business Management Solutions Professional - Dynamics GP)

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Standards for Leasing: Steps to be Compliant with ASC 842



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