CFMA

CFMA ABQ July 2019 Roundtable - Lease Standards

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About

Hi CFMA ABQ members! CFMA will be hosting a round-table to discuss the upcoming changes to the lease standards. With the implementation date right around the corner Pulakos CPAs will be helping us all gain a better understanding of the changes and how we can prepare for 01-01-2020.

Overview: While revenue recognition has gotten all the attention, the upcoming changes in lease accounting standards could have a greater impact on accounting and financial reporting for many businesses. We will discuss the new standards and how they differ from current lease accounting. We will also discuss what these changes will mean for the financial statements and their users, as well as provide suggestions for a smooth implementation of the new standards. The session will be presented at a high level and will focus on the lessee side of the lease transaction, however there will plenty of time for discussion of specific topics or questions regarding the new standards that attendees might have. 

This is a controversial and difficult topic so please join us and not only hear from the experts at Pulakos but your CFMA peers. This event is recommended for all CFOs, Controllers, accounting manager, bankers, sureties, and surety brokers. One hour of CPE will be provided for those that attend.

The Construction Financial Management Association (CFMA) 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: www.nasbaregistry.org

Speakers

Jake Dopson, CPA, CCIFP, CGMA
Jake Dopson, CPA, CCIFP, CGMA
Partner/Shareholder
Pulakos CPAs
- Jake is partner in the audit and assurance department at Pulakos CPAs, and also oversees the firm’s outsourced accounting department. His previous experience includes being a member of the audit department in the Albuquerque office of an international accounting firm. Jake has experience with a multitude of industries and provides services to a diverse client base. - Bachelor of Business Administration, R.O. Anderson Graduate Schools of Management, University of New Mexico. - Certified Public Accountant, licensed in New Mexico - Certified Construction Industry Financial Professional - Chartered Global Management Accountant

Schedule

Wednesday, July 17th
11:00 pm - 11:30 pm
Check-in
Rio Bravo Brewing Barrel Room

11:30 pm - 12:30 am
Change in Lease Standards
Jake Dopson, CPA, CCIFP, CGMA

Main learning objectives: • Identify the impact of the new leasing standards • Understand the general provisions of the new leasing standards • Discuss how these changes will impact financial statements • Discuss best practices for implementation

Attendees

Brandon W.
Assistant Vice President, Aon
Colleen S.
Controller, SDV Construction
Dominic D.
Asst. Controller, SDV Construction
GINGER B.
Accounting, NATIONAL ROOFING
Jacob M.
Audit Associate, REDW LLC
Jimmy B.
BIXBY ELECTRIC
Julia M.
Manager, REDW LLC
Kathy P.
Controller, Burgos Group
Kendall T.
CFO, National Roofing Company Inc.
Lenin R.
Accounting Supervisor, BIXBY ELECTRIC
Patricia K.
Carr, Riggs & Ingram, LLC
Rosane H.
Partner, Carr, Riggs & Ingram, LLC
Steven P.
Senior Audit Associate, REDW LLC
Valari J.
Audit Associate, REDW LLC
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