Tim Kolber, Managing Director, Deloitte to Speak at The Knowledge Group’s The New FASB Lease Accounting Standard: Managing Compliance Challenges

Top Quote The Knowledge Group, the leading producer of regulatory focused webcasts, has announced today that Tim Kolber, Managing Director, Deloitte will speak at its webcast entitled, “The New FASB Lease Accounting Standard: Managing Compliance Challenges.” End Quote
  • (1888PressRelease) September 11, 2019 - This event is scheduled for September 19, 2019 from 12:00 pm to 2:00 pm (ET).

    For further details, please visit:

    About Tim Kolber
    Tim is a Managing Director in Deloitte’s Audit and Assurance Accounting & Reporting Advisory (ARA) practice where he co-leads the firm’s Accounting Standards Implementation Services service offering. Tim has close to 20 years of experience in the accounting profession (more than 14 of those years at Deloitte) and is one of the firm’s leading experts on the FASB’s and IASB’s lease accounting requirements (i.e., ASC Topic 842 and IFRS 16). In his role, Tim engages in discussions with professionals at the other Large Firms on interpreting the new guidance and interacts with various industry groups and Fortune 100 companies on how to apply and implement the lease accounting requirements. In addition, Tim assists with the development of Deloitte’s interpretive guidance on applying the lease accounting model and is one of the key authors of the Deloitte publication, A Roadmap to Applying the New Leasing Standard.

    About Deloitte
    Deloitte refers to one or more of Deloitte Touche Tohmatsu Limited ("DTTL"), its global network of member firms and their related entities. DTTL (also referred to as "Deloitte Global") and each of its member firms are legally separate and independent entities. DTTL does not provide services to clients. Please see www.deloitte.com/about to learn more. Deloitte & Touche is an affiliate of DCB Holding Ltd., a member firm of Deloitte Touche Tohmatsu Limited.

    Deloitte is a leading global provider of audit and assurance, consulting, financial advisory, risk advisory, tax and related services. Our network of member firms in more than 150 countries and territories serves four out of five Fortune Global 500® companies. Learn how Deloitte’s approximately 286,000 people make an impact that matters at www.deloitte.com.

    The new Financial Accounting Standards Board (FASB) ASC 842 lease accounting standard, which took effect on January 1, 2019, involves additional accounting requirements that companies need to prepare to remain compliant with federal regulations. Along with this recent regulatory development is the emergence of new challenges which further complicate FASB lease accounting compliance.

    Aside from securing up-to-date knowledge of the most pressing FASB ASC 842 issues, organizations should also implement a long-term, comprehensive lease accounting and administration solution to efficiently address current and emerging compliance challenges.

    The Knowledge Group has assembled a panel of key thought leaders who will provide an in-depth analysis of the significant implications of this new FASB standard. The speakers will also provide the best practices and practical tips to help companies manage compliance, thus, improving lease management in a cost- and time-effective way.

    About The Knowledge Group
    The Knowledge Group was established with the mission to produce unbiased, objective, and educational live webinars that examine industry trends and regulatory changes from a variety of different perspectives. The goal is to deliver a unique multilevel analysis of an important issue affecting business in a highly focused format. To contact or register to an event, please visit: http://theknowledgegroup.org/.

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