Lease Accounting Overview
Do you lease equipment such as office equipment and vehicles or are the tenant of property like office space? If yes, then you won’t want to miss this session. Learn about the Global FASB/IASB Lease Accounting Standard (ASC 842 and IFRS 16) and how companies are now required to account for leased assets. This session will discuss JD Edwards solutions that enable customers’ compliance to the standard. This session will review the lease accounting standard and discuss managing leases as a lessee, creating/reviewing amortization schedules, creating balance sheet entries for leased assets, lease term changes, and getting lease data into EnterpriseOne.
Presented by Karen Brown, Oracle