Your company is implementing the new ASC 842 lease accounting standard and you want to ensure success. RSM is pleased to provide our insights into how to plan for a successful adoption. In this webcast, we focused on the high-risk areas and answer some of your last-minute questions regarding initial adoption as well as planning for ongoing accounting. This session is not a high-level overview; instead, we quickly dive into many real-world implementation questions that we’re seeing middle market companies have as they adopt the new standard.
Many have asked what “correct” looks like for 842 adoption. Let us help you demystify some of this as well as focus on some high-risk areas such as:
- Completeness of the lease portfolio
- Abstraction
- Documentation of the implementation including key decision and judgments
Following this session, you’ll walk away with a more detailed understanding of what it takes to adopt the ASC 842 lease accounting standard.
A recording of this webcast is available to view below.
