Leases: How will it impact your fleet?

Leases: How will it impact your fleet?

In this webinar, Baker Tilly and Runzheimer discuss the new lease accounting standard, ASC 842, Leases, and the widespread impact of the new standard on financial reporting. Focus is given to organizations that will have to evaluate the impact of the new leases standard on their fleet and determine if current operating processes are the most beneficial.

Key takeaways:

  • Understand when the new lease standard is effective
  • Understand the impact on a lessee’s financial statements
  • Recognize the ways in which a lessee may want to renegotiate a lease with the lessor
  • Next steps a company should take in order to prepare for implementation

Who should view this presentation?

Board members, executives, lenders, and finance professionals involved in preparing, reviewing, or analyzing financial statements or fleet management in a wide variety of industries including:

  • Agribusiness
  • Automotive
  • Craft beverage
  • Dealerships
  • Distribution
  • Energy and utilities
  • Food and beverage
  • Life sciences
  • Manufacturing

For more information on this topic, or to learn how Baker Tilly accounting and assurance specialists can help, contact our team.

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