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

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.