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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
A multinational consumer products client sought to implement ASC 842 with LeaseAccelerator as their selected lease technology solution.
Restaurant learns it’s important to understand the quantity of leases and complexity before embarking on an ASC842 implementation strategy.
A large steelmaking company throughout North American looked to RSM as an advisor and partner with their implementation.
Identifying the service arrangement population and review of identified service arrangements were key in this ASC 842 compliance process.
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
By offering additional technical knowledge of lease accounting, RSM worked with Syneos Health on its ASC 842 implementation.
Syneos Health, a public company, shares its ASC 842 implementation journey and how RSM assisted with acting as an extension of their team.
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