Beyond Day One: Lease Accounting Compliance for the Long Term
One of our Technical Accounting Managers, Abdi Ali, offers insight into the processes you should put in place for long-term compliance. In addition to identifying the right tools you’ll need for long-term compliance, you will also learn about lease modifications and impairments under ASC 842, how to prepare journal entries after your transition, and discover operational efficiencies that are a byproduct of implementing ASC 842.