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02:20pm - 03:10pm EDT - December 7, 2021

Tuesday
02:20pm - 03:10pm EDT - December 7, 2021 | Room: Grand 7,9
Total Minutes: 50

Join Mike Cheng for a Financial Accounting Standards Board (FASB) update. This discussion will focus on recent changes that impact financial reporting in the upcoming year and beyond.


05:55pm - 07:10pm EDT - December 7, 2021

Tuesday
05:55pm - 07:10pm EDT - December 7, 2021 | Room: DaVinci 3/4
Jeremy Simons, ​Speaker - Virtual; Joanna Acosta, ​Speaker - Virtual
Total Minutes: 75
Hear from Ernst & Young accounting and valuation experts on the complexities that can arise from acquiring leases as part of a business combination. This session will include some basic ASC 842 reminders and will delve deep into the related purchase accounting rules, areas of optionality, and accounting and valuation intricacies that will help prepare you for your next deal.


Objectives:
  • Describe the technical accounting requirements of ASC 842 as it relates to ASC 805
  • Recognize best practices for accounting for leases in business combinations
  • Identify the key points of intersection between accounting and valuation as it relates to acquired leases
12:10pm - 01:00pm EDT - December 8, 2021

Wednesday
12:10pm - 01:00pm EDT - December 8, 2021 | Room: DaVinci 1/2
Total Minutes: 50

Valuation continues to be a focus of regulators, investors, auditors, and other stakeholders. Despite the COVID 19 pandemic, many asset classes performed exceptionally well, some plummeted, but many of those that did are recovering quickly. However, valuation challenges remain as transaction activity among some asset classes remain low and forecasting revenue and near-term capital expenditures continues to be difficult.



Objectives:
  • Identify an understanding of valuation concepts and methods related to real estate
  • Identify the key inputs and assumptions used in developing a valuation estimate
  • Summarize the connection between key inputs and assumptions with market transactions, primary and third-party data
  • Review reasonableness of value conclusions
04:50pm - 05:40pm EDT - December 8, 2021

Wednesday
04:50pm - 05:40pm EDT - December 8, 2021 | Room: Grand 7,9
Jordan Adelson, CPA, ​Speaker - Virtual
Total Minutes: 50
During this session participants will learn the fundamental accounting framework for the new Current Expected Credit Losses Standard. We will also delve into best practices and lessons learned from public company adoption. While non-public companies have some time before the standard applies to them, this session will highlight the work that needs to be done prior to the standards effective date.


Objectives:
  • Recognize the accounting framework for the new CECL Standard
  • Identify best practices with regard to adoption
05:55pm - 06:45pm EDT - December 8, 2021

Wednesday
05:55pm - 06:45pm EDT - December 8, 2021 | Room: Tower 1/2/4/6/7
Total Minutes: 50
This session will host our accounting experts to discuss the impacts of recent accounting pronouncements and auditing considerations. This is also an opportunity for participants to ask questions to the group.


Objectives:
  • Generalized auditing
  • Accounting