Skip to Content



ASC 842 Leases: Implementation considerations

Presented By:
David Kristick Stephen Bondar John Shields Houston Haines Kara Fahrenbach
Date:
June 16, 2022
View On-Demand
Is your organization ready to implement ASC 842 and navigate potential issues that might arise? View our on-demand webinar to hear from our experts about ASC 842 and what you need to know to prepare and implement.

Business professional in a conference room having a meeting.Are you confident you understand what Accounting Standards Codification (ASC) Topic 842, Leases, will mean for your organization? The recognition of right-of-use assets and lease liabilities can have significant financial reporting implications. We know it may seem overwhelming, so we’re here to help. View our on-demand webinar where our experts broke down some key considerations related to ASC 842 to navigate implementation with ease.

Learning objectives:

  • Understand the options and implications of different discount rates for ASC 842.
  • Evaluate how adoption of ASC 842 may impact your debt covenants.
  • Recognize key considerations for lease hold improvements.
  • Determine what to look for to identify embedded leases.
  • Understand the change in sale leaseback accounting.
  • Assess the impact of electing to include nonlease components.

Related Thinking

July 26, 2022

Audit committee quarterly update

Article 10 min read
July 25, 2022

Energy companies: Q2 2022 accounting and reporting update

Article 9 min read
July 19, 2022

Accounting and regulatory update for public and private companies

Article 20 min read