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Proship's New Lease Accounting Webinar: A Practical Approach

Proship Co., Ltd., headquartered in Chiyoda, Tokyo, is launching a series of free online seminars aimed at aiding businesses in navigating the upcoming changes to lease accounting standards effective April 2027. The fifth seminar in this series centers on the critical topic of assessing materiality, a key factor in reducing the practical burdens many companies will face.

Significance of Materiality in Lease Accounting

As companies prepare for compliance with the new lease accounting standards, understanding the system and clarifying policies are crucial. However, one of the most significant factors affecting the practical workload is how to appropriately narrow the scope of contracts. Specifically, the decision to exclude contracts deemed immaterial can dramatically reduce the overall burden. Many companies currently utilize a threshold of ¥3 million as a benchmark for this determination.

In practice, instances arise where contracts exceeding this ¥3 million threshold are still classified as immaterial based on the company's own judgement. This seminar addresses the need for a methodical approach that not only meets the formal criteria but also prepares participants for auditor interactions through a logical explanation of materiality assessments.

What to Expect from This Seminar

The online session will concentrate on the key concept of 'materiality judgments' and provide concrete strategies to effectively manage operational burdens. Here are the main points to be covered in this session:

1. Understanding the Position of the ¥3 Million Benchmark: Participants will explore how to frame and justify the application of this benchmark in their own operations.
2. Framework for Judging Contracts over ¥3 Million as Immaterial: The seminar will equip attendees with the necessary rationale to explain exclusions during audits.
3. Practical Approaches for Excluding Large Volume Contracts: Strategies for effectively managing various types of contracts, such as housing agreements, will be shared.
4. Building Consensus with Auditors: Participants will learn how to communicate effectively with audit firms to ensure mutual understanding.
5. Organizational Frameworks for Minimizing Practical Burdens: The discussion will not only focus on rule interpretation but also aim at providing actionable insights that can be directly applied in the field.

By attending this session, participants will gain specific knowledge that enables them to streamline operations and comply with the new regulations effectively.

Webinar Details

• - Date and Time: June 18, 2026 (Thursday) from 1:30 PM to 2:30 PM
• - Format: Online (Live Broadcast)
• - Speakers: Akihiro Nakada (Certified Public Accountant, Knowledge Network LLC) and Shunsuke Tsubaki (Proship)
• - Cost: Free (Pre-registration Required)

For more details about this seminar and to register, please visit here.

This is the fifth session of Proship's comprehensive 14-part program designed to alleviate practical burdens posed by the new lease accounting standards. Future sessions will cover additional facets of compliance, such as contract negotiations and the operational challenges of IFRS16.

Proship's Expertise in Lease Accounting

Established in 1980, Proship has been a specialized system vendor in the fixed asset field, solidifying its reputation with over 5,500 installations across various industries. Leveraging years of experience and expertise gained from more than 100 IFRS16-related projects, the company has compiled an extensive array of resources to support businesses in their compliance journey with the upcoming regulations. Their offerings include solutions for calculating impact analysis and structured advisory services that go beyond simple software integration. Proship's comprehensive approach not only eases current workloads but also enhances the overall understanding and implementation of these crucial accounting standards.

For additional information about Proship and its resources, please visit Proship's website.