Critical Decisions with the New Lease Standard
2:00 – 3:00 pm ET
1 hr CPE/CPD in Accounting
Program Level: Basic
The new accounting standard for leases, ASC 842 was issued to replace the previous lease standard ASC 840. Standard ASC 842 is already in effect for public companies and for all other organizations. This webinar will cover the critical decisions required under the new lease standard. We’ll cover implementation decisions related to discount rates, how to handle existing balances, leasehold improvements, related parties, materiality, and embedded leases.
Learning Objectives
Learn what decisions should be made at implementation related to:
Discount rates
Existing balances
Leasehold improvements
Related parties
Materiality
Embedded Leases
Understand relief available at implementation for:
Fair Value
Economic Life
Separating Lease and Non-lease Components
Speaker Bio
Jess Vento
Senior Director of Accounting
LeaseCrunch
| Jess Vento, Senior Director of Accounting at LeaseCrunch, holds an MBA in Leadership and Management and a BA in Accounting from Ottawa University. Jess held previous positions at US Bank, Harley-Davidson Motor Company, Burke Properties and most recently at Founders 3 Real Estate Services. She is also a past President of the Accounting & Financial Women’s Alliance (AFWA) Milwaukee Chapter. | |