The Leasing Standard

Taking Action and Challenges to Consider

Over the next 12 months, private companies will undertake the task of implementing the Financial Accounting Standards Board’s (FASB) new Leasing Standard (ASC 842). While this standard is generally viewed as being less complicated than the new revenue recognition standard (Topic 606), we believe there are unique implementation challenges. Further, the length of time needed to implement the new lease accounting standard could be significantly longer, especially when factoring in unforeseen hurdles that may not become evident until well into an organization’s transition efforts.

The Details

During this informative webinar, our experienced team will review some of the challenges they’ve come across while working through a detailed project timeline with our clients. We will also examine critical milestones and their timelines - both for companies that are just starting, and those that have begun working through, the assessment phase of the project.

Please note the webinar will be played through your web browser. Speakers or a headset is required.

WATCH

The Leasing Standard – Maintaining Momentum through the Final Stages

Join us for the second webinar as part of this series, in which we will discuss the risks that can delay implementation of the new leasing standard including those connected to technology, the sheer number of leases, embedded leases, renegotiation of leases with outside vendors, and critical concerns with regards to your team.