Blytheco & LeaseQuery: Applying the New Lease Guidance: ASC 842
Blytheco and LeaseQuery want to make sure you are up to speed with the new lease accounting standards. Join us for a comprehensive example of how to apply the new FASB lease accounting standard, ASC 842. The presentation will review the identification of key dates and contract components necessary to complete the calculations for compliance. Then we will describe the various discount rate options and when each is appropriate to apply. Finally, our presenter will prepare the initial and subsequent journal entries for an operating lease under ASC 842 using the concepts explained in the first part of the presentation.
- Identify key lease dates and the lease term
- Recognize the contract components and determine how each component may impact the lease liability calculation
- Describe the various discount rate options and how to determine the appropriate discount rate to apply
- Understand the initial and subsequent journal entries for an operating lease under ASC 842
Who Should Attend
Accounting and finance professionals whose companies manage a medium-to-high volume of leases will benefit most from this event, along with CPAs who serve clients with a similar volume of leases.
Amanda Payne is an Accounting Manager at LeaseQuery. Amanda began her career at EY in assurance services working with clients in the public, private, and nonprofit sectors. There she was responsible for planning and performing audit procedures, collecting and organizing ongoing support from client management, and presenting to client management and assurance teams in the Americas, India, and Egypt.
Date & Time
Dec 9, 2021 – 1:00 PM ET
Register for this webinar below.
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