The stark shift and impact COVID-19 had on equipment and real estate leases has caused companies to modify their leases in a variety of different ways. While FASB provides some flexibility on how to handle abatements, there are different implications that lease deferrals, abatements and other modifications have on the balance sheet.
In this panel discussion hosted by Visual Lease's Lease Accounting Expert, Bill Harter, we'll hear how companies leveraged technology to test the impact of various treatment elections to make strategic decisions under unprecedented circumstances.
Hear from our panel of experts as they discuss:
- Lease abatement best practices
- Common pitfalls to avoid
- How to leverage technology to optimize your decision-making
Bill Harter, Subject Matter Expert at Visual Lease
Sydney Jones, Corporate Controller at RMH Franchise
Michael McGinnis, NAHC Accounting Manager General Ledger at Nidec Motor Corporation
Lisa Kaestle, Audit Director at Grant Thornton