Implementation of New Lease Accounting Standard, ASU 2016-02

What is the Impact on Your Health Care Organization?

  • Event Date:
  • Event Time: 1 p.m. Eastern

The Financial Accounting Standards Board (FASB) has issued an Accounting Standards Update (ASU) on lease accounting. This ASU affects all companies that lease assets and can significantly change the way health care entities account for leasing arrangements. The new guidance is intended to increase transparency in lease accounting by requiring organizations to report any long-term lease liability on the balance sheet. In this webinar, you will learn how to record leases under the new standard and hear about additional considerations.

What You Will Learn:

  • Timing of implementation, effective dates and transition considerations
  • Changes to financial reporting and the impact on financial statements
  • How to calculate asset, liability and expense transactions
  • Specific “special” considerations in the new standard


CPE Credits Available: 1 credit in Accounting

  • Program level: Intermediate
  • Prerequisites: At least 2 years of experience in the healthcare finance field.
  • Advanced Preparation: N/A
  • Instructional Delivery Method: Group Internet Based


Refund/ cancellation policy: If a program must be canceled, Bonadio will notify all registered participants as soon as cancellation is known by emailing the address registered. Bonadio will also put a notice of cancellation on its website for courses offered to outside participants. There is not cost for this program.

Complaint Policy: For each program, Bonadio & Co., LLP will provide the contact information for the presenters and reviewers and communicate that all questions, concerns, or complaints be directed here. Bonadio & Co., LLP will reply to all such communications in a timely fashion. For more information regarding administrative policies such as complaint and refund, please contact our Professional Excellence Division at (585) 249-2762.

NASBA Statement: Bonadio & Co., LLP is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing 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:


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Thought Leaders

Kelly Thompson, CPA
The Bonadio Group
Kelly Thompson, CPA image

Kelly has been with The Bonadio Group since 2000. Her experience includes financial statement audits, technical quality control reviews, single audits, financial reporting, and other compliance and regulatory reporting for health and human service organizations. Kelly also heads up the firm’s continuing professional education function, which includes compliance monitoring, and planning and development of the firm’s training curriculum. A tenured presenter, Kelly received her BS degree in accounting from SUNY Geneseo, and she is a member of the American Institute of Certified Public Accountants and New York State Society of CPAs.

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