New Lease Accounting Standard: Impacts for Life Sciences & Tech

Presented on:
August 23, 2018 10:00 AM PT
1 hour

The new lease accounting standard will directly affect how technology and life sciences companies operate—potentially changing lease classifications and impacting compliance and performance ratios. Implementing the standard, which goes into effect for public business entities on December 15, 2018, and on December 15, 2019, for all other entities, will require significant time and energy.

Join us for a webcast addressing what the new standard could mean for your business. We’ll highlight key information, including the following:

  • Focus areas identified in ASC 842
  • Effective dates for public and nonpublic entities and implementation methods
  • Changes to leases, including the right-to-use concept




Findley Gillespie, Partner, Moss Adams

Findley has over 15 years of internal audit implementation and public accounting experience and currently specializes in Sarbanes-Oxley (SOX) consulting, internal audits, controls-based consulting, and federal contracting consulting. He has experience managing and directing all phases of internal audit and SOX implementations including risk assessment, documentation, and internal controls testing for a variety of clients.

Daniel Olson, Senior Manager, Moss Adams

Daniel has practiced public accounting since 2010. He provides assurance services to clients in the technology, software, food, and life sciences industries. His experience includes revenue recognition, share-based payments, business combinations, discontinued operations, and distinguishing liabilities from equity.

Alex Osegueda, Manager, Moss Adams

Alex Osegueda has practiced public accounting for over eight years. Alex has been involved in engagements for both public and private companies in a variety of industries, specializing in manufacturing, multi-level marketing, and technology entities. More recently, Alex has assisted clients in evaluating and implementing the effects of FASB’s Revenue Recognition Standard ASC Topic 606, Revenue from Contracts with Customers, supporting the firm’s efforts to address complex accounting issues for clients throughout the industry groups we serve.

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Applicable Industries