[CAFR-Contacts-News] FW: KPMG Government Institute Webcast on November 7: A Call to Action: Implementing the New GASB Lease Standard Part 2

Thu Oct 24 14:59:48 PDT 2019

Hello CAFR Contacts,

For those interested in learning more about GASB 87 Leases, please see the email below about free training. CPE is available.

Rob

From: KPMG Government Institute <connect at info.kpmgrealinsights.com>
Sent: Thursday, October 24, 2019 2:51 PM
To: HAMILTON Robert W * DAS <Robert.W.HAMILTON at oregon.gov>
Subject: KPMG Government Institute Webcast on November 7: A Call to Action: Implementing the New GASB Lease Standard Part 2

[https://s1929796114.t.en25.com/e/FooterImages/FooterImage1?elq=171c2830d0ea49e9ba0aadee04e40655&siteid=1929796114]
If you are having trouble reading this email, read the online version<http://app.info.kpmgrealinsights.com/e/es?s=1929796114&e=87770&elq=171c2830d0ea49e9ba0aadee04e40655&elqaid=13013&elqat=1&elqTrackId=6c8014e2f39c49068271a59d963185ac>.

[Government Institute Webcast]

A Call to Action: Implementing the New GASB Lease Standard

Part 2
Date: Thursday, November 7, 2019

Time: 1:00 p.m. to 3:00 p.m. ET

[https://institutes.kpmg.us/content/dam/institutes/en/government/images/2019/register-button-part-2.jpg#]<http://app.info.kpmgrealinsights.com/e/er?s=1929796114&lid=24068&elqTrackId=5072a149b268435882e23cd8c632a069&elq=171c2830d0ea49e9ba0aadee04e40655&elqaid=13013&elqat=1>

The KPMG Government Institute, and partners and professionals of KPMG LLP (KPMG), invite you to join us for the second of a three-part webcast series discussing the requirements of GASB 87, Leases (GASB 87).
GASB 87 addresses the recognition, measurement, and disclosure of leases for state and local governments, and establishes a single model for lease accounting based on the principle that leases are financings of the right to use an underlying asset. The requirements of GASB 87 will be effective for fiscal years beginning on or after December 15, 2019.
The time to start is now! The webcast series will focus on the impact of GASB 87, and will address significant implementation considerations such as determining the discount rate, accounting for variable payments based on an index or rate, and establishing recognition thresholds. The webcast series will also address key implementation issues such as evaluating contracts to obtain a complete population of leases, abstracting key lease terms, and modifying policies, procedures and internal controls to sustain lease accounting in subsequent years.

Previously presented – Part 1:

The first webcast, held on Thursday, October, 24, 2019, discussed the key changes in accounting for leases and the impact on the financial statements, including the definition of a lease, the scope and scope exclusions of GASB 87, and the key concepts and terms applicable to lessees and lessors under the new standard. Watch the recording.<https://event.webcasts.com/starthere.jsp?ei=1265750&tp_key=b1dfe97b22&elqTrackId=c8b714d930b548d18feab80696657860&elq=171c2830d0ea49e9ba0aadee04e40655&elqaid=13013&elqat=1&elqCampaignId=7711>

Upcoming:
—

The second webcast to be held on Thursday, November 7, 2019, from 1:00 p.m. to 3:00 p.m. EDT, focuses on both lessee and lessor accounting, including initial recognition and measurement, subsequent accounting, and impairment. This webcast will also address various implementation considerations including allocation of the contract price to components.

[https://institutes.kpmg.us/content/dam/institutes/en/government/images/2019/register-button-part-2.jpg#]<http://app.info.kpmgrealinsights.com/e/er?s=1929796114&lid=24068&elqTrackId=d56385ea765544c79b16a6faffdc5754&elq=171c2830d0ea49e9ba0aadee04e40655&elqaid=13013&elqat=1>

—

The third webcast to be held on Monday, November 18, 2019, from 1:00 p.m. to 3:00 p.m. ET, will cover lease remeasurements, modifications and terminations, subleases, and leasebacks, as well as the presentation and disclosure within the financial statements. This webcast will also address implementation considerations related to obtaining lease populations, abstracting key lease terms, and modifying policies, procedures and internal controls

Presenters

The presenters for this three-part webcast series are Jeff Markert, a partner in KPMG’s Department of Professional Practice (DPP); Halie Creps, a partner in KPMG’s DPP; and John Barbagallo, a managing director in KPMG’s DPP.
In his DPP role, Jeff devotes significant time to emerging issues related to governments, including working with the GASB in the development and implementation of new standards, and providing technical assistance and training to KPMG personnel throughout the United States. Jeff also currently serves on the AICPA State and Local Government Expert Panel. In her DPP role, Halie focuses on current auditing issues, regulatory matters, and implementation of auditing and accounting standards, including the new guidance on leases. John currently serves as the co-leader of the DPP presentation team, responsible for delivering and coordinating technical accounting presentations including those on the new lease standards.

Who should attend

Attendees should include state and local government accounting and financial reporting professionals responsible for preparing, reviewing, and auditing external GAAP financial statements of government entities.

CPE credit

A total of 2.0 continuing professional education (CPE) credits are available to participants who meet the eligibility requirements.
To register for Part 2 on Thursday, November 7, 2019, 1:00 p.m.– 3:00 p.m. (EST), click here<http://app.info.kpmgrealinsights.com/e/er?s=1929796114&lid=24068&elqTrackId=9e4b441cea2d496da133e35e6511aa59&elq=171c2830d0ea49e9ba0aadee04e40655&elqaid=13013&elqat=1>.
After registering, you will receive details on how to log in to the Webcast and how to access presentation material.
Thank you, and we hope you will join us.

kpmg.com/socialmedia<http://app.info.kpmgrealinsights.com/e/er?s=1929796114&lid=709&elqTrackId=7788a840969948dcba733632f4951e83&elq=171c2830d0ea49e9ba0aadee04e40655&elqaid=13013&elqat=1>

[Twitter]<http://app.info.kpmgrealinsights.com/e/er?s=1929796114&lid=710&elqTrackId=0c0f249af7be4b5fb270a20e2739bf9b&elq=171c2830d0ea49e9ba0aadee04e40655&elqaid=13013&elqat=1>

[Linkedin]<http://app.info.kpmgrealinsights.com/e/er?s=1929796114&lid=711&elqTrackId=e07ca782feb246de91635d2a52c671b5&elq=171c2830d0ea49e9ba0aadee04e40655&elqaid=13013&elqat=1>

[Facebook]<http://app.info.kpmgrealinsights.com/e/er?s=1929796114&lid=1253&elqTrackId=be4f822800fa47e59537b324a5935e7f&elq=171c2830d0ea49e9ba0aadee04e40655&elqaid=13013&elqat=1>

[Youtube]<http://app.info.kpmgrealinsights.com/e/er?s=1929796114&lid=1252&elqTrackId=c92667768eed42848144a32b3ed4de78&elq=171c2830d0ea49e9ba0aadee04e40655&elqaid=13013&elqat=1>

[Google+]<http://app.info.kpmgrealinsights.com/e/er?s=1929796114&lid=1251&elqTrackId=4cf21f56e32a48a2a9d30a95ed4e7349&elq=171c2830d0ea49e9ba0aadee04e40655&elqaid=13013&elqat=1>

[Instagram]<http://app.info.kpmgrealinsights.com/e/er?s=1929796114&lid=988&elqTrackId=2f88d27a4f0e4305ba0fb5ea030f14a7&elq=171c2830d0ea49e9ba0aadee04e40655&elqaid=13013&elqat=1>

Privacy<http://app.info.kpmgrealinsights.com/e/er?s=1929796114&lid=3060&elqTrackId=a313b925d64c47719c8ae896ad1ccfcd&elq=171c2830d0ea49e9ba0aadee04e40655&elqaid=13013&elqat=1> | Legal<http://app.info.kpmgrealinsights.com/e/er?s=1929796114&lid=3059&elqTrackId=10884d1837674f278cd31a163dac0511&elq=171c2830d0ea49e9ba0aadee04e40655&elqaid=13013&elqat=1>

You have received this message from KPMG Government Institute. If you wish to unsubscribe from KPMG Government Institute Webcast distributions, please click here<mailto:us-mktnatlmisoptout at kpmg.com?subject=Opt%20Out:%20KPMG%20Government%20Institute%20Webcast%20-%20Origin:%2011-07-19%20A%20Call%20to%20Action:%20Implementing%20the%20New%20GASB%20Lease%20Standard%20-%20Part%202(C-00079357)>. If you wish to unsubscribe from all KPMG communications, please click here<mailto:us-mktnatlmisoptout at kpmg.com?subject=Opt%20Out:%20All%20Correspondence%20-%20KPMG%20Government%20Institute%20Webcast%20-%20Origin:%2011-07-19%20A%20Call%20to%20Action:%20Implementing%20the%20New%20GASB%20Lease%20Standard%20-%20Part%202(C-00079357)>.
KPMG LLP, 3 Chestnut Ridge Road, Montvale, NJ 07645

© 2019 KPMG LLP, a Delaware limited liability partnership and the U.S. member firm of the KPMG network of independent member firms affiliated with KPMG International Cooperative (“KPMG International”), a Swiss entity. All rights reserved.

The KPMG name and logo are registered trademarks or trademarks of KPMG International.

-------------- next part --------------
An HTML attachment was scrubbed...
URL: <https://omls.oregon.gov/pipermail/cafr-contacts-news/attachments/20191024/fae9be10/attachment.html>