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

This event has finished.

16 August 2019 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:

16 August 2019 (Friday)

Time:

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

Fee:

Free of charge & by invitation only

Registration:

REGISTER HERE

Registration deadline:

14 August 2019

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

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Mr. Jason Yau
Partner, Technology and Management Consulting
RSM Hong Kong

Jason is a US CPA certified in the state of New York and a Certified Information Technology Professional (CITP).

Jason has been with RSM since 2004 and was a member of RSM US global expat team prior to joining RSM Hong Kong. He spearheaded the first APAC   region expat program and subsequently established the TMC division in Hong Kong.

The TMC team focuses on providing high-quality IT solutions to corporate customers and is comprised of IT professionals with both technology consulting   and IT security experience. These professionals came from a wide range of background including ERP/CRM   implementation, cloud strategy, cybersecurity, infrastructure, IT audit and computer forensic etc.

   

 

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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.

 

Event location

Event location: Webinar event

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