Session ID: 110980

Abstract: Is your company the lessee of equipment such as office equipment; vehicles or the tenant of property like office space or do you lease property assets to others? If yes; then you won't want to miss this session. Learn about the new Global FASB/IASB Lease Accounting Standard and the significant impact on how you recognize revenue for your leases as a lessor and how you account for assets you lease as a lessee. This session will discuss recently released JD Edwards solutions that will enable your compliance to the new standard. Get an overview of the lease accounting standard; recognizing revenue from your leases; managing leases as a lessee; creating/reviewing amortization schedules; creating balance sheet entries for leased assets; and getting lease data into EnterpriseOne.

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