Updates & Best Practices for Lease Accounting & Administration (ASC 842)

Click here to download a copy of the slide deck used during the presentation.

This recorded webinar covers recent updates, ongoing lease accounting maintenance considerations such as lease remeasurements, policies, internal controls, tax considerations — and pitfalls to avoid. As well as a demonstration from LeaseCrunch illustrating how to administer, maintain, and add new leases throughout the year.

Let’s talk about your project.

Whether you need to unravel a complex challenge, launch a new initiative, or want to take your business to the next level, we’re here. Share your vision and we can help you achieve it.

Understanding Lease Modifications & Footnote Disclosures Under ASC 842

Click here to download a copy of the slide deck used during the presentation.

Gain insights into the accounting implications of lease modifications and the related disclosure requirements under ASC 842. In this video, presenters cover:

  • What scenarios qualify as a lease modification? Understand the triggers and journal entry adjustments you need to be aware of when leases are modified.
  • What accounting policy and election disclosures will you need to draft?
  • What will you need to disclose about modifications to your financing and operating leases?

This video also features a demonstration from LeaseCrunch illustrating how to effectively account for a lease modification and provide an example of the disclosure tools built into the software.

Let’s talk about your project.

Whether you need to unravel a complex challenge, launch a new initiative, or want to take your business to the next level, we’re here. Share your vision and we can help you achieve it.

Lease Accounting (ASC 842): Transition Guidance, Practical Expedients, Discount Rates, and More

Click here to download a copy of the slide deck used during the presentation.

Join us as lease accounting ASC 842 presenters share:

  • Guidance on transitioning to the new standard
  • Determining an appropriate discount rate
  • In-depth review of practical expedients, their impact, how to apply them, and when it might be better to consider a reassessment

While it may seem early, these selections and determinations will significantly impact calculations as well as the information companies need to collect. There will also be a demo of LeaseCrunch following the video for those looking to automate the process.

Let’s talk about your project.

Whether you need to unravel a complex challenge, launch a new initiative, or want to take your business to the next level, we’re here. Share your vision and we can help you achieve it.

Implementing ASC 842 in 2022: Lease Accounting Basics, Impacts, & Adoption Tips

Click here to download a copy of the slide deck used during the presentation.

The new accounting standard, ASC 842, will significantly impact how leases are recorded in financial statements. Whether you have one or hundreds of lease arrangements, every organization needs to identify, abstract, categorize, account for, and manage leases throughout their term.

In this webinar we cover:

  • The basics of lease accounting
  • Requirements under the new standard
  • Potential risks and impacts o Adoption tips and maintenance
  • Automation solutions with a demo of LeaseCrunch

Let’s talk about your project.

Whether you need to unravel a complex challenge, launch a new initiative, or want to take your business to the next level, we’re here. Share your vision and we can help you achieve it.

Lease Accounting Basics for Growing Manufacturers

Click here to download a copy of the slide deck used during the presentation.

This session covers Lease Accounting Basics for Growing Manufacturers and how ASC 842 impacts your business. Attendees will learn what this accounting standard entails, implementation and adoption tips, and essential considerations.

Let’s talk about your project.

Whether you need to unravel a complex challenge, launch a new initiative, or want to take your business to the next level, we’re here. Share your vision and we can help you achieve it.