It’s Crunch Time: Implementing the New Lease Accounting Standard
With the new lease accounting standard (ASC 842) going into effect in 2022 for private businesses, there is no time to waste in getting prepared. Developing a practical execution plan will be key to the successful implementation of ASC 842.
Join Doeren Mayhew, along with LeaseCrunch, as we cover the basics of the lease accounting standard, highlight different adoption tactics and share best practices for a successful implementation.
Walk away from this complimentary webcast with a better understanding of:
Core principles of the standard, including identification, recognition, measurement, presentation and disclosure requirements
Impact of the new lease standard ASC 842 on financial reporting
Key considerations for the adoption of ASC 842
Solutions to common implementation questions
Benefits of leveraging a lease management software system