What It's About

Please join the Greater Washington Board of Trade, Transwestern, Baker Tilly and M&T Bank for A Discussion of Accounting Standards: Proposed Major Changes and the Potential Impact on Commercial Real Estate Leases.

The Financial Accounting Standards (FASB) and the International Accounting Standards Board (IASB) are working together to create a common standard on lease accounting to ensure that the assets and liabilities arising from lease contracts are recorded and recognized on the financial statements in a consistent manner.

The proposed standard, if adopted, will impact all publicly traded companies and all companies' Balance Sheets and Income Statements that are prepared in accordance with GAAP.

Please join us to learn how your company needs to change its real estate strategy to prepare for the upcoming changes, and how they will affect your financial ratios, balance sheet and earnings.

Panelists will include:

• Marc A. Siegel, Member, Financial Accounting Standards Board
• Steve Harding, Chief Financial Officer, Transwestern
• Louis P. Mathews, Jr., Senior Vice President and Deputy Credit Officer/Commercial Real Estate, M&T Bank
• Kelly P. Toole, CPA, Partner, Baker Tilly – Moderator