Webinars

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Maybe you’ve noticed that many of our webinars aren’t about tax and accounting issues. That’s because the issues impacting you and your business cover a wide variety of areas. While we can’t directly solve every issue you face, we know the right people who can. We connect you with the professionals and ideas that address what is relevant to you.

Upcoming Webinars

Lease Accounting for Private Companies & Non-Profits: Guide to Implementation

Tuesday, November 9, 2021 | 10:00 AM PST

Accounting for operating leases is SIGNIFICANTLY changing: Are you ready?

You may have heard about ASC 842 Accounting for Leases, requiring private companies and non-profits to track and disclose their leased assets.

And while this feels like yet another requirement facing you while you and your business or organization are dealing with uncertainty and other burdens, we recommend you start preparing now so it doesn’t become the ‘elephant in the room’ on January 1, 2022.

In our upcoming webinar, LSL Partners Mike Mangold, CPA & Gail Gray, CPA are joined by LeaseQuery’s Jason Parker, CPA to help you ‘slay the dragon’ of lease reporting. They’ll provide you an overview of the lease reporting requirements and how to start preparing to meet the deadline, including:

  • Defining qualified leases and determining lease term
  • Understanding your lease portfolio, digging through your data and finding pesky leases
  • Choosing how you want to handle the complex calculations that are required to be reported and monitored
  • Demonstrating how software technology can reduce time and risk to effectively comply

Who should attend:

Accounting & finance professionals in private businesses (including owners) and non-profits who are involved with their organizations’ lease management reporting.

Requirement to Reduce 401k Plan Fees: What Every Plan Sponsor Needs to Know

Wednesday, October 20, 2021 | 2:00 PM PST

Plan fiduciaries are required to engage in a prudent process when it comes to services and fees. Class action litigation on fees (think disgruntled employees!) continues to grow and is driving up the cost of fiduciary insurance.

Failure to know, negotiate and disclose fees can result in a breach of fiduciary duty (for which there is personal liability) and/or a prohibited transaction (which is also a breach and can result in excise taxes).

How do you know which plan fees to monitor and benchmark, and how often?

We’ve asked Sherrie Boutwell, employee benefits attorney & partner at Boutwell & Fay LLP, to join LSL partner Maria Arriola, CPA, to share which specific plan fees and other ‘need to know’ areas of your 401k plan need to be monitored and benchmarked.

They will discuss:

  • 3 components of plan fees to evaluate: Administrative, consulting & investment (and what is included in each)
  • ERISA requirements for reasonable fees: How much plan sponsors vs. plan participants pay
  • Annual benchmarking: Comparing your plan fees against other plans of similar type and size
  • Other important areas to monitor: Revenue sharing, share classes, fee ‘levelization’, and fees for health & welfare plans

They’ll also take questions through our live Q & A chat.

Accounting for Operating Leases

FOR GOVERNMENTS: GASB 87 Guide for Implementation

Tuesday, November 16, 2021 | 11:00 AM PST

The new government lease accounting standard, GASB 87, and its reporting objectives have seemed like a myth for a long time now – always far off in the distance. But the time to implement is now.

LSL Partners, Debbie Harper, CPA and Gail Gray, CPA are teaming up with LeaseQuery’s Accounting Solutions Manager, Jason Parker, CPA to ‘slay the dragon’ we call GASB 87.

In the upcoming webinar, LSL & LeaseQuery will provide you an overview of the new government lease accounting standard, GASB 87, and its reporting objectives, including:

  • Determining the lease term, financial recognition, and required disclosures
  • Identifying techniques for scrubbing your leases to prepare for GASB 87 implementation
  • Demonstrating how software technology can reduce time and risk to effectively comply

Who Should Attend

Accounting and finance professionals of state and local governments who manage a medium-to-high volume of leases will benefit most from this event.

CPE credit: 1.00 hour

 

Registration link coming soon!

Previous Webinars

*Disclaimer*

Lance, Soll and Lunghard, LLP is providing these materials for information purposes only. The content within each presentation was developed based on information available as of the date and time of each live webinar.  The material provided is general and is not intended to be complete tax or business advice. Nothing herein should be relied upon or used without consulting a tax or business advisor to consider your specific circumstances, possible changes to applicable laws, rules and regulations, and other tax or operational issues. Receipt of this material does not establish a client relationship.

Copyright 2020 Lance, Soll and Lunghard, LLP