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Perspectives

Lease accounting implementation journey

Q&A with finance leaders

Explore lease accounting implementation insights shared by guest panelists during a special edition Dbriefs webcast, including lessons learned and some of the near- and long-term actions companies are taking to prepare for reporting and improve overall operational efficiency.

April 19, 2019

A blog post by David Cutbill, partner, Deloitte & Touche LLP and Beth Kaplan, managing director, Deloitte & Touche LLP.

Many US publicly-traded companies that operate on calendar fiscal years are now expected to include leases on their balance sheets as of January 1, 2019. As public companies implement the new lease accounting standard and private companies continue to prepare for the January 2020 effective date, Deloitte pulled together a group of industry executives to take part in a special Dbriefs to answer questions and discuss their lease accounting compliance efforts.

Guest panelists, Anne Bernath of American Airlines Inc., Tiffany Moseley of Valero Energy Corporation, and Todd Sears of Walmart Inc., shared their thoughts on the new lease accounting standard, including lessons learned during implementation and some of the near- and long-term actions companies are taking to prepare for reporting and improve overall operational efficiency.

Take a look at our summary of highlights and insights from this special edition Dbriefs and listen to our Green Room podcast for a deeper dive discussion with additional insights from our guest panelists.

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Explore lease accounting implementation insights

On-demand webcast: Lease accounting: A Q&A with public company finance leaders

Many US publicly-traded companies operating on calendar fiscal years are now expected to include leases on their balance sheets as of January 1, 2019, but are they ready? As private companies continue to prepare for the January 2020 effective date, what can they learn to expedite their own lease accounting compliance work?

This on-demand webcast discusses:

  • A brief technical update on hot topics.
  • Lessons learned from panelists in their preparations to date.
  • Near- and long-term actions companies are taking to prepare for reporting and improve operational efficiency.

In addition, you can access our Dbriefs Green Room discussion where the speakers address unanswered questions from the webcast and provide a deeper perspective on the topic.

Visit the Controllership Insights blog for additional blog posts.

This publication contains general information only and Deloitte is not, by means of this publication, rendering accounting, business, financial, investment, legal, tax, or other professional advice or services. This publication is not a substitute for such professional advice or services, nor should it be used as a basis for any decision or action that may affect your business. Before making any decision or taking any action that may affect your business, you should consult a qualified professional advisor. Deloitte shall not be responsible for any loss sustained by any person who relies on this publication.

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