Key points:
- Unraveling Complex Contracts: Separating lease and non-lease components, accounting for variable payments, and addressing lease incentives.
- The Hidden Leases: Identifying and accounting for embedded leases within other contracts.
- Navigating Lease Modifications: Understanding the impact of changes in lease agreements
- Assessing Impairment: Evaluating lease asset impairments and their effect on financial reporting.
About The Speakers
Lord Gen Rilloraza is a Technical Accounting Supervisor at Scrubbed, bringing expertise in business combinations, FS conversions, and lease accounting. With over a decade of professional experience, he has worked as an Audit Associate at Deloitte Philippines, a General Ledger Accountant at Texas Instruments, and a professor at Saint Louis University and the University of the Cordilleras. Currently a lecturer at CRC-ACE Review School, Inc., Lord Gen combines his academic and corporate expertise to address complex accounting challenges, ensuring clients meet regulatory standards while driving continuous learning within the Technical Accounting Group.
Gliezel is the Director of the Technical Accounting Services at Scrubbed with more than 15 years of experience providing technical accounting, audit, and advisory services to public and private companies and professionals. She has extensive knowledge of IFRS, US GAAP, and SOX/PCAOB reporting requirements. Gliezel helps our clients prepare technical memoranda, adopt new accounting standards, convert financial statements between accounting frameworks and conventions, and prepare and review SEC forms. Before joining Scrubbed, she was an Audit and Methodology Senior Manager in PwC Philippines and was assigned to the New York and Connecticut offices of PwC USA.
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