Dates of Event & Pricing

$249 for Webinar and Playback*

*Playback has no expiration.

  • Friday, March 06, 2020

  • 12:00 – 1:00 pm (Eastern Time)

  • 11:00 – 12:00 pm (Central Time)

  • 10:00 – 11:00 am (Mountain Time)

  • 9:00 – 10:00 am (Pacific Time)


The new leasing standard, Accounting Standards Update (ASU) No. 2016-02, Leases, is effective starting in 2019.  In an effort to raise transparency and comparability, this standard will require entities to recognize assets and liabilities arising from most leases on the balance sheet, and as a result, most operating leases that were previously disclosed in the footnotes will now be recognized on the balance sheet.  

In this banking webinar, we will discuss how these changes will impact institutions’ financial statements and regulatory capital.  We will also consider how this standard could impact borrowers and related loan covenants.

After this presentation, participants will be able to: 

  • Identify key accounting requirements and other issues related to the new lease standard.
  • Calculate the asset and liability to be recognized for various leases.
  • Calculate the amount of expense to be recognized over the life of various leases.
  • Communicate these requirements and their potential impact to loan department employees and borrowers.


Senior Manager - Wipfli Brett Schwantes CPA

Brett Schwantes has over 20 years of experience working closely with financial institutions and is the leader of the Technical Issues Committee for the financial institutions practice of Wipfli LLP. He has received specialized training on accounting for a number of complex issues such as derivatives and fair value measurements of financial instruments, which has allowed him to better understand the unique problems and challenges this industry faces and to advise financial institutions on a variety of accounting and regulatory issues. Brett also consults with clients on the impact of new accounting standards and how best to implement them to avoid negative consequences whenever possible.


1.0 CPE Credits & 1.2 AAP Credits