Join Schneider Downs Accounting and Assurance Senior Manager Adam Goode and Manager Shane Gastecki for a complimentary webcast that will cover the FASB’s upcoming changes to revenue recognition and lease accounting standards, with particular focus on Private Equity Firms and how these will impact their portfolio companies. We’ll discuss:
Revenue Recognition
- The FASB’s new five-step model for revenue recognition and impacts to EBITDA
- How the implication of these changes may vary by industry
- Additional focus given to commonly owned portfolio companies
- How the effective date and transition period may impact decision making
Lease Accounting
- Potential changes to EBITDA
- Impact to debt covenant calculations and other metrics used for benchmarking
- Impact on Business and Economic Decisions (lease-versus-buy decisions)
- Effective dates and implications of early adoption
We will also discuss what portfolio companies and private equity firms should be doing now to prepare and encourage you to forward this along to all of your companies and holdings to join us.
To register for this webinar, click below: