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[RERUN] Webinar event: How technology play a pivotal role in the adoption of the new lease accounting standard IFRS16/ASC842 [March 2020]

This event has finished.

13 March (Friday) 10:00 a.m. – 11:00 a.m.

 

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How technology play a pivotal role in the adoption of the new lease accounting standard IFRS16/ASC842

 

Is your current accounting system able to accurately compute the lease liability on the balance sheet and meeting other requirements of IFRS 16/ASC842 Leases?

Are you comfortable in identifying and separating the lease and non-lease components for accounting purposes?

IFRS 16/ASC842 leases accounting takes effect in January 2019 and presents a wide range of implications that require most operating leases to be reflected on the balance sheet. Companies are now required to analyse their leases and make new estimates periodically. Apart from foreseeable challenges such as identifying an unobvious lease and computing the present value of the lease, a key painpoint would be gathering the required data and getting into the system in an organized fashion. Legacy accounting systems might not be able to tackle the changes in a simple and convenient way, which will lead to lost time, lost productivity and missing key reporting deadlines.

Join us to learn how IFRS 16/ASC842 accounting requirements and how to capture required information and calculation using lease accounting system.

Event details

Date:

13 March 2020 (Friday)

Time:

10:00 a.m. - 11:00 a.m. (Hong Kong)

Fee:

Free of charge & by invitation only

Registration:

REGISTER HERE

Registration deadline:

12 March 2020

Language:

English

Organiser:

RSM Hong Kong (Partner with Oracle NetSuite)

Note: The organisers reserve the right to change the venue, date and programme due to circumstances beyond our control.

 

Experienced speakers

 

  

Mr. Keith Goldschmidt
Director – Channel & Alliances, Netgain Solutions, LLC

Keith is a US CPA and has spent ten years in public accounting as an external auditor before leading the internal audit and compliance function of a large utility firm to help them with IPO and Sarbanes-Oxley compliance. Keith worked on their SAP implementation with compliance and controls responsibility. He then joined NetSuite as a solution principal in the Finance Center of Excellence where he specialized in IPO’s, Governance and Risk & Compliance. At Netgain, Keith works closely with audit and accounting firms like RSM as well as other partners to align accounting expertise with tools for automation and efficiency.

    

Mr. Nick Cheng
Corporate Account Manager, Oracle NetSuite

Nick  is a professional enterprise solution seller in mid-­market & enterprises with 10 years plus experience, that helps mid-­market & enterprises customers identifying their root cause problems and defines the right solutions.

    

Mr. Mario Lin
Senior Consultant, Technology and Management Consulting
RSM Hong Kong

Mario is a senior consultant in the Technology and Management Consulting division of RSM Hong Kong. He delivers quality IT advisory services to local and international companies, provides customer-centric solutions to solve clients’ business challenges through systems implementation.

Prior to joining RSM, Mario worked as a senior technology specialist in a Fortune Global 100 company. As a pivotal member of the team with extensive expertise, he had provided professional services in a variety of ERP, Business Intelligence and HCM system implementation projects in the commercial sector.

 

Event location

Event location: Webinar event

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