Published: April, 2022
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 goes into effect in late 2021 for all other non-public organizations.
This Online CPE webinar course on Accounting will cover the business impacts of the new lease standard.
There is an estimated $3 trillion added to the public company balance sheet due to operating leases. The speaker Jess Vento will talk about that and more related to loan covenants, materiality, implementation, and maintenance of the standard. She’ll also discuss what’s not affected by ASC 842 including equity, income statement, and leasehold improvements.
Once you have completed this course, you’ll understand the business impacts and what is not affected by the standard (hint: Equity!).
Learn more with LeaseCrunch!
Learn how businesses are impacted by ASC 842:
What’s not affected by ASC 842
MY-CPE LLC, 1600 Highway 6 south, suite 250, sugar land, TX, 77478
MY-CPE LLC (Sponsor Id#: 143597) is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.NASBARegistry.org.
Director of Customer Success, LeaseCrunch
Jess has a knack for operations, process improvement, and helping her staff exceed expectations. Jess has an MBA in Leadership and Management and a BA in Accounting, both from Ottawa University’s Brookfield, WI campus. Jess’ varied professional experience includes working for companies like US Bank, Harley-Davidson Motor Company, Burke Properties, and Founders 3 Real Estate Services. She has spent the last few years working directly with clients to meet and exceed their goals. At LeaseCrunch, she serves as the go to resource for CPA firms, coordinating what they need to successfully implement the new lease standard and adopt lease accounting software.
Jess has been President of the Accounting & Financial Women's Alliance (AFWA) Milwaukee Chapter and a contributor for MKE Moms Blog and is currently a member of TEMPO Milwaukee's Emerging Women Leaders group.
LeaseCrunch, the easiest lease accounting software on the market, is a comprehensive, cloud-based solution. LeaseCrunch helps organizations implement the new lease accounting standards, ASC 842, GASB 87, GASB 96, and IFRS 16.
A simple but powerful tool, LeaseCrunch significantly reduces the time needed to transition, account for, and maintain leases.
Jul 31st, 2022
The simplification of the information and the real life examples
Jun 17th, 2022
Great presentation of the new concept.
Aug 24th, 2022
Great presenter, clear communicator.
May 31st, 2022
Very good webinar
Aug 22nd, 2022