ASC 842 lease accounting compliance – key data and policy decisions.
| | Sponsor content from CoStar | |
| Sponsor content from CoStar |
| Hello Voornaam, ASC 842 is already in effect for public companies, and non-public companies are now focused on compliance efforts. Collecting lease data and setting lease accounting policies upfront are key steps in the compliance process. This webinar will describe the following topics that companies should address:
Collecting complete and accurate lease data Utilizing practical expedients offered by ASC 842 to make adoption easier Combining or separating lease and non-lease components Collecting discount rates and fair market values to apply to lease accounting calculations Applying materiality thresholds Establishing and maintaining internal controls Some public companies have already changed policies since initial adoption. We will discuss what non-public companies can learn from them. Collecting the right lease data and making the right lease accounting policy decisions upfront sets the stage for smooth ASC 842 compliance. |
| | Matt Waters, CPA | Director of Lease Accounting
CoStar | | (Speaker) |
| | | Yakov Zenkov, CPA | Associate Director
Protiviti | | (Speaker) |
| | | Danielle Lee | Managing Editor
Accounting Today | | (Moderator) |
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| | Matt Waters, CPA | Director of Lease Accounting
CoStar | | (Speaker) |
| | | Yakov Zenkov, CPA | Associate Director
Protiviti | | (Speaker) |
| | | Danielle Lee | Managing Editor
Accounting Today | | (Moderator) |
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| | NASBA CPE Credit is being offered for this webinar.** | | SourceMedia Inc. d/b/a Arizent is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State Boards of Accountancy have the final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org. |
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| | NASBA CPE Credit is being offered for this webinar.** | | SourceMedia Inc. d/b/a Arizent is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State Boards of Accountancy have the final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org. |
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| ** In order to qualify to receive the CPE credits, you will need to attend and stay on the live web seminar for its duration, which is about 60 minutes. This web seminar is not approved for IRS CPE Credit. |
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