Whether you have several or several hundred leases, transitioning to the new lease accounting standard may take longer than you think, and the deadline to complete this transition is rapidly approaching. Private companies and not-for-profit entities reporting under ASC 842 must comply with annual reporting periods beginning after December 15, 2021. Do you know your first step?

Join our interactive CPE workshop where accounting experts will take you through 11 detailed steps for successfully transitioning to the new lease accounting standard. We will then highlight helpful resources such as our embedded lease test, present value calculator, and more to ensure your transition goes smoothly from start to finish.

Make sure to download this checklist prior to the workshop so you can follow along and interact with our experts live.

Learning Objectives:

• Identify the necessary steps to successfully transition from the current standard to the new standard


• Determine specific calculations to complete to help ensure your lease portfolio is complete


• Evaluate the various functionalities available in lease accounting solutions and begin determining which are necessary for your organization


• Recognize potential resources to help simplify the transition process and maintain compliance post-transition