ASC 842 Implementation Challenges Create the Need to Act Now

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Due to the pandemic, FASB delayed the effective date of ASC 842 by an additional year for entities who had not already adopted the standard. Implementation can be challenging and time consuming. Join DHG's Gareth Monatgue-Smith and Liz Gantnier for a discussion of the many decision points along the path to ASC 842 and why it's best not to postpone implementation!

Discussion topics will include:

  • Transition provisions from ASC 840 to ASC 842
  • Impact of electing or not electing practical expedients
  • Establishing lease population
  • Transition calculation
  • Potential audit issues that may arise during implementation
Moderator
Panelists
CPE Information

Recommended CPE Credit

One hour of CPE (pending approval).

Delivery Format

Group Internet Based (each attendee must be logged in and answer the poll questions in order to receive CPE credit).

Who Should Attend

Accounting and finance professionals

Prerequisites / Advance Preparation

None

Course Level

Basic

Program Content

Transition to and implementation of ASC 842

Policies

This event is complimentary. Due to this program being offered free of charge, there will be no refunds issued. If you have any questions regarding administrative policies such as registration or cancellation, please contact& webinars@dhg.com.

Questions

Please direct any CPE related questions to DHGU@dhg.com.

Dixon Hughes Goodman LLP 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 the web site: www.nasbaregistry.org/.

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