IRVINE, Calif. – Irvine-based Haskell & White LLP, one of Southern California’s largest independently owned accounting, auditing and tax consulting firms with offices in Orange County and San Diego, recently added another key topic to its series of pertinent roundtable discussions. On May 17, Haskell & White explored The New Lease Accounting Standard, a far-reaching change in accounting practices expected to be issued later this year by the Financial Accounting Standards Board (FASB).
Launched in 2008, Haskell & White’s Roundtable Series is designed for financial executives of Southern California public and private companies as a forum to stay on the cutting edge of new developments in SEC and accounting-related rules and regulations. The series will continue with roundtable sessions scheduled for August and September in Costa Mesa and San Diego, respectively.
“Haskell & White maintains a strong commitment to the Southern California business community, and our Roundtable Series is one example of the firm’s dedicated effort to support the community of financial executives by providing a forum for networking and presenting information on current topics of interest, ” said Wayne Pinnell, Managing Partner of Haskell & White.
The critical, yet easy-to-understand lease accounting seminar outlined in “plain English” the sweeping changes that will dramatically impact balance sheets and income statements and a host of related financial ratios. Attendees were educated about the major differences – and the nuances – between the new lease standard and existing requirements. Moreover, action steps were presented to help the attendees prepare in advance, so when the new standard is issued, they already will have collected the necessary documentation. Comparisons analyzing the impact of the new standard on financial statements and negotiating lease terms also were presented.
For information on future H&W roundtables, please contact Meagan Hayes at 949-650-6249.
About Haskell & White LLP
Haskell & White LLP is one of the largest independently owned accounting, auditing and tax consulting firms in Southern California, servicing public and private middle-market companies. With locations in Irvine and San Diego, Haskell & White combines the expansive services, knowledge, experience and reach of national and international accounting firms with the personal attention, responsiveness and value of a local organization. Haskell & White works with companies in a broad range of industries including real estate, manufacturing, distribution, life science, technology, and retail. The firm provides solid expertise and services to its clients in the tax and audit disciplines, including advising SEC registrants and consulting on mergers and acquisitions. Further information on Haskell & White can be found on the firm’s website, www.www.hwcpa.com.