What you'll learn:
The delays (and delays and delays…) are all done. FASB’s new lease accounting standard is now the rule for proprietary institutions and must be successfully implemented for 2022 financial statements.
Even with the extra time to prepare, institutions who rent most of their facilities and equipment must take care to apply the standard carefully and may need a refresher course.
That’s why we’re hosting a free webinar, “Lease Accounting & Proprietary Institutions — Applying the New Standard,” on May 12 at 2 p.m. Join the hourlong session for information about the standard and to get your questions answered during a live Q&A.
Register using the form and we’ll see you soon!
Speakers:
Robert Behr is a Director who has worked in both the public and private sectors. A Certified Public Accountant with extensive experience, clients value Rob for his ability to provide a full range of audit and business consulting services including financial statement, uniform guidance, and employee benefit plan audits. He also assists with composite score planning and transaction services for buyers/sellers. Rob’s background includes nearly five years serving as a Supervising Senior Accountant with KPMG.
Tom Wilson is a Senior Manager within our Audit Department and specializes in conducting financial statement audits. Clients value Tom for his expertise with Title IV compliance, 90/10 calculation, and composite score planning. He provides business consulting services to various industries and specializes in the for-profit education and service based entity fields.
Michael Wherry (moderating) is a Director within the Audit Department and has over three decades of experience in the public sector. A Certified Public Accountant, Michael oversees the completion of annual audits (financial statement and student financial aid). Clients value his views on internal controls and processes, financial reporting under Generally Accepted Accounting Principles (GAAP), proactive solutions for meeting regulatory covenants, interpretation of standards and regulations, and suggestions to minimize compliance findings in student financial aid audits.