The Bottom Line on the New Lease Accounting Requirements

Ronald Kral

Ronald Kral, CPA, CMA, CGMA Las Vegas, NV Ron Kral is the managing partner of Candela Solutions LLC, a public accounting firm with a national focus on accounting, governance, SEC compliance and internal auditing. He is an educator, advisor and catalyst for companies to protect and grow client shareholder value. Mr. Kral has worked with hundreds of organizations as a Public Accountant, many through Big-4 firms. He specializes in public companies registered with the SEC, as well as other types of organizations, seeking practical accounting guidance, internal controls and risk assessments. Ron has a balanced mix of industry and public accounting experience. Prior to forming Candela Solutions in 2003, Mr. Kral was a financial executive for a subsidiary of a multibillion dollar company traded on the NYSE. He was also a principal consultant with PricewaterhouseCoopers leading operational audits and internal control projects. Ron began his public accounting career with a California CPA firm as a financial auditor where he signed audit opinions upon becoming managing director of the firm’s Orange County office. He launched his career as a performance auditor with the California State Auditor. Ron is a nationally recognized speaker on corporate compliance, risk assessments, controls, SEC disclosures, auditing standards and accounting matters. He is a lead facilitator for the COSO’s Internal Control Certificate program. Mr. Kral holds an MBA from Arizona State University and a BBA from the University of Wisconsin-Madison. He is a member of 4 of the 5 COSO sponsoring organizations; the AICPA, FEI, IIA and IMA.