Webinar 09/18/2018

Preparing for Updates to Lease Standards for Telecommunications Companies

09/18/2018 - 10:00 a.m.
Wires coming out of a computer system

In 2016, the Financial Accounting Standards Board issued its long-awaited standard requiring lessees to recognize all leases with terms greater than 12 months on their balance sheet as lease liabilities with a corresponding right-of-use asset. This update will have significant implications across all industries as it’s implemented, especially telecommunications. It’s important to understand the new rules and how they differ from today’s rules. We also will take a look at financial and potential regulatory effects the new rules could have.

Learning Objectives

Upon completion of this program, participants will be able to:

  • Identify likely differences between the previous lease guidance and Accounting Standards Update 2016-02 in the telecommunications space
  • Account for operating and financing leases
  • Identify the new disclosures required for nonpublic companies
  • Discuss the potential effects on their financial statements and specific impacts in the regulated telephone space

I​f you have concerns or would like information regarding program cancellation policies or CPE credit, contact us at or 800.472.2745.​ Click here to read the CPE FAQs.

CPE NASBA LogoBKD, LLP is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: