New York, NY, November 21, 2018 --(PR.com
)-- In partnership with The Knowledge Group, Ricoh’s Heidi Grosch will participate in the webcast panel entitled, “IFRS 16/ASC 842 Lease Accounting Coming Your Way: What Your Company Should Know and Do to Ensure Compliance.” This event will be held on December 6, 2018 from 12:00 pm to 1:00 pm, Eastern Time. Ricoh empowers digital workplaces and helps organizations to achieve compliance with complex lease accounting rules.
For further details about this event, please visit: https://www.theknowledgegroup.org/webcasts/ifrs-16-asc-842-lease-accounting-coming-your-way/
Ricoh is empowering digital workplaces using innovative technologies and services enabling individuals to work smarter. For more than 80 years, Ricoh has been driving innovation and is a leading provider of document management solutions, IT services, commercial and industrial printing, digital cameras, and industrial systems.
Headquartered in Tokyo, Ricoh Group operates in approximately 200 countries and regions. In the financial year ended March 2018, Ricoh Group had worldwide sales of 2,063 billion yen (approx. 19.4 billion USD).
For further information, please visit www.ricoh.com
With the new lease accounting standards finally taking effect in just a few months, companies around the globe are starting to grapple with the significant change coming their way in 2019. The new regulatory lease accounting standards, ASC 842 and IFRS 16 released by the US-based Financial Accounting Standards Board (FASB) and allied International Accounting Standards Board (IASB), will require organizations to report and disclose all lease obligations and reclassify them as assets and liabilities. This implies that under the new standards, all lease assets and lease liabilities will now be reflected on the balance sheet. Thus, increasing transparency and efficiency across the organization.
Listen as a panel of thought leaders and professionals brought together by The Knowledge Group help the audience understand the New Lease Accounting Standards and its impact on firms and the broader market. They will discuss in-depth the requirements and policies of this new standards. The speakers will also go beyond the basics and provide practical tips and strategies to avoid risks and legal pitfalls.
In addition to this timely update, this Live Webcast will examine the most significant issues in the mix including:
• IFRS 16/ASC 842 Lease Accounting Standards: Framework & Review
• Implementation Issues and Considerations: Lessons Learned & Experiences
• Implications to Businesses: Public & Private firms
• Trends, Developments and Updates: Approaches & Guidance
• Post adoption success: What does good look like
About The Knowledge Group /The Knowledge Congress Live Webcast Series
The Knowledge Group is a series of live webcasts produced by The Knowledge Group, LLC, which examine trends, regulatory, and technology changes across a variety of industries. For further details, please visit: http://theknowledgegroup.org/