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Lease accounting 2020: Staying ahead of the compliance curve
May 23 | 2 p.m. ET | 18:00 GMT
Host: Kirsten Vosen, partner, Deloitte & Touche LLP
1 Overview CPE credit | Accounting
Changes to lease accounting compliance under ASC 842 will be effective for private companies in 2020. What do these changes mean and how can private companies begin preparing for implementation early? We'll discuss:
- An overview of pending amendments to the new lease accounting rules, including classification, reassessment, and transition.
- An update on implementation challenges companies may face, particularly around process and system changes that may be required and the potential impact on debt covenants.
- Other important considerations and potential actions to take prior to 2020.
Participants will learn about these and other hot topics relating to ASC 842 and explore ways to prepare for successful implementation.