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Miller and Schuh to Present Lease Accounting Update at Iowa Motor Truck Association Member Webinar

Posted 4:00 PM by

Jason Miller and Shane Schuh with KSM’s Transportation Services Group will present “Lease Accounting Update and Its Impact on the Transportation Industry” to members of the Iowa Motor Truck Association on Dec. 13. In this webinar conversation, Miller and Schuh will detail key changes brought about by the Financial Accounting Standards Board (FASB) Accounting Standards Update No. 2016-02, Leases (Topic 842), which goes into effect Dec. 15, 2018 and is the first comprehensive overhaul in lease accounting in approximately 40 years.

Topics discussed will include:

  • Summary of key changes between the current lease accounting standard and new lease accounting standard
  • Details of changes in new lease accounting standard
  • Financial statement impact for transportation companies
  • Planning considerations
  • Examples

The free webinar will discuss the Update’s technical changes, the specific impact on the transportation industry, and planning opportunities.

To learn more or register, visit the IMTA website.

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