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Learn from a top-notch panel of accountants and practitioners about the likely implementation challenges private companies and nonprofits will face when adopting the new lease standard (ASC 842), which is effective for 2022 calendar year ends. Our speakers possess deep expertise and experience when it comes to implementing ASC 842. Lessons learned and insights specific to private companies and nonprofits will be distilled down to practical advice for attendees. Some areas that will be addressed include transition nuances, options and challenges, discount rate complexities and tips, as well as challenges and best practices related to identifying leases. It’s crunch time for the new lease standard; make your implementation a success by attending this session.
Learning Objectives:
Interpret the requirements of FASB ASC 842, Leases.
Recognize and evaluate common implementation challenges and best practices related to FASB ASC 842.
Analyze how entities have adopted ASC 842 and evaluate lessons learned
Speaker(s):
Thomas
Groskopf,
CPA, CVA, MBA,
Technical Director - Center for Plain English Accounting,
AICPA & CIMA/Barnes, Dennig & Co., Ltd
Doug
Uhl,
Senior Principal Team Leader, Corporate Accounting Policy,
Chick-fil-A, Inc.