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New GAAP Standard ASC 842: What This Means for Your Institution

New GAAP Standard ASC 842: What This Means for Your Institution
FormatSelf-Paced | On-Demand
Sessions1
Per session60 Minutes
CertificateIncluded

What Does ASC 842 Mean for Your Organization? Learn What It Means for Your Borrowers.

Generally accepted accounting principles (GAAP) do not change often, but when they do, you need to understand how the changes affect your borrowers’ ability to repay. GAAP now requires that companies capitalize their leases, which will worsen their leverage, reduce their liquidity, and lower their profitability.

You need to know how and why lease capitalization will be implemented and how capitalizing operating and financing leases will impact the financial condition and performance of borrowers.

Commercial lending expert Dev Strischek will share the details of how new GAAP lease capitalization standards affect financial institutions. You will learn how to evaluate borrowers under the new rules.

What We'll Cover

Course Outline

  • What are the key elements of the lease capitalization changes?
  • How does lease capitalization put both the lease liability and the right-of-use asset on the borrower’s balance sheet?
  • What items of financial condition and performance will the updates impact most?
  • How should you underwrite borrowers under the new GAAP?

Meet the Expert

Dev Strischek

Dev Strischek

A frequent speaker, instructor, advisor and writer on credit risk and commercial banking topics and issues, Dev is principal of Devon Risk Advisory Group and engages in consulting, speaking and training on a wide range of risk, credit, and lending topics. As former SVP and senior credit policy officer at SunTrust Bank, Atlanta, he was responsible for developing, implementing, and administering credit policies for SunTrust's wholesale lines of business–commercial, commercial real estate, corporate investment banking, capital markets, business banking and private wealth management.

Who Should Attend?

  • Bankers
  • Lenders
  • Credit approvers
  • Underwriters
  • Credit analysts
  • Loan reviewers
  • Credit department managers
  • Loan administrators
  • Loan documentation specialists
  • Credit risk managers
  • Relationship managers
  • Compliance officers

Training Includes

The New GAAP Standard ASC 842: What This Means for Your Institution course includes the following:

Two Year Course Access

Access your course through your customer dashboard

  • Course access for 2 full years
  • All live sessions include access to the on-demand recording post live session

Class Experience

Live sessions are small and focused to support questions and discussion. Self-paced on-demand courses allow you to move through the material on your own schedule.

Resources

Downloadable course materials to support learning

Attendance Certificate

All sessions include an Attendance Certificate

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$200.00