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Lease Accounting Case Studies

Organizations are facing a looming deadline to adopt and comply with the Financial Accounting Standards Board (FASB) issued Accounting Standards Update (ASU) 2016-02, Leases (Topic 842). Our lease accounting teams help you achieve compliance with the new standard while also enhancing financial controls and optimizing the lease-to-pay process. Explore these case studies to learn how we helped clients across a variety of industries adopt the new standard. 

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ASC 842 Case Studies

RSM helps a multinational manufacturing company implement ASC 842

RSM helps a multinational manufacturing company implement ASC 842

A multinational consumer products client sought to implement ASC 842 with LeaseAccelerator as their selected lease technology solution.

RSM helps expedite restaurant group's 842 implementation

RSM helps expedite restaurant group's 842 implementation

Restaurant learns it’s important to understand the quantity of leases and complexity before embarking on an ASC842 implementation strategy.

Lessons on implementing ASC 842 from a public steelmaking company

Lessons on implementing ASC 842 from a public steelmaking company

A large steelmaking company throughout North American looked to RSM as an advisor and partner with their implementation.

RSM helps global commercial kitchen retailer adopt ASC 842

RSM helps global commercial kitchen retailer adopt ASC 842

Identifying the service arrangement population and review of identified service arrangements were key in this ASC 842 compliance process.

Consumer products retailer implements ASC 842 with RSM collaboration

Consumer products retailer implements ASC 842 with RSM collaboration

When an existing client of RSM's technology consulting group faced implementing ASC 842, RSM was well-positioned to offer assistance.

ASC 842 Video Testimonials

Syneos Health adopts ASC 842 with help from RSM

Syneos Health adopts ASC 842 with help from RSM

By offering additional technical knowledge of lease accounting, RSM worked with Syneos Health on its ASC 842 implementation.

What are the complexities of adopting ASC 842?

What are the complexities of adopting ASC 842?

Syneos Health, a public company, shares its ASC 842 implementation journey and how RSM assisted with acting as an extension of their team.