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ASC 842 Roundtable Discussion: How to Ensure Compliance Throughout Day 2

ASC 842 ROUNDTABLE DISCUSSION: HOW TO ENSURE COMPLIANCE THROUGHOUT DAY 2

Cost Free
Presentation Length 1.0 hour

Recorded DateOctober 25, 2022
CPE:Not available
(archived webinars do not offer CPE credits)
Subject AreaAccounting
Course LevelBasic
Course Description

Today, nearly all private companies (98%) have started the transition to ASC 842. As you prepare for your year-end audit, you may find yourself struggling to maintain accuracy within your lease agreements and embedded leases.

Without accessibility and visibility into your lease portfolio, your business is at risk of misreporting company lease information, potentially increasing both years of adoption and ongoing audit fees. Alternatively, a lease accounting solution tailored and implemented to your specific needs can reduce the time, cost, and effort your accounting and finance teams need to ensure your business is ASC 842 compliant.

Learning Objectives:


  • Identify how to keep up with lease modifications and terminations, as well as data abstraction and validation

  • Recognize new requirements and educate staff, as well as maintain processes, policies, and controls

  • Determine if you’re ready for your year-end audit

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PLEASE NOTE: ARCHIVED WEBINARS DO NOT QUALIFY FOR CPE
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Joseph Fitzgerald

Visual Lease LLC
SVP of Lease Market Strategy
[email protected]
(732) 734-8064

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Joe has more than 20 years of experience in finance and lease accounting consulting. He informs our product roadmap, deepens strategic partnerships and supports go-to-market strategy. Previously, he served as EY’s practice leader for Lease Accounting and Technology, helping companies navigate the new lease accounting standards.
 

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Rosemary Courtney

Visual Lease LLC
Manager of Technical Accounting
[email protected]
(732) 860-4205

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Rosemary is a Certified Public Accountant in New York, and has over 30 years of experience in financial leadership roles. She holds a BA in Economics from Rutgers University, and an MBA in Finance from NYU's Stern School of Business.

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Matt Watson

Visual Lease LLC
Director of Implementation
[email protected]

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Matt Watson leads Visual Lease’s Implementation team. With more than 12 years experience, Matt is responsible for ensuring Visual Lease customers receive a positive initial customer experience and successful platform adoption. Prior to his current role, he was responsible for managing customer implementations at various SaaS companies.

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Matt Fisser

Embark
Managing Director, Financial Accounting Advisory Practice
[email protected]

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Matt is one of Embark’s leaders who enjoys helping his clients implement solutions that meet their needs by leveraging over 11 years of broad and technical accounting, finance, and audit experience. He is the head of Embark’s 842 cohort. He started his career at KPMG, focusing on audit. He graduated from Texas Christian University with his bachelor’s and master’s in business administration with a focus on accounting.

About Our Presenter

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Visual Lease is the #1 lease optimization software provider. We help organizations become compliant with FASB, IFRS and GASB lease accounting standards, while simultaneously improving the financial, legal and operational performance of their leases.