Are you ready to implement the new lease accounting standard (ASC 842)?
With new practical expedients, organizations should reevaluate their implementation plan. If you haven’t developed your plan, our lease accounting specialists can help.
With the deadline approaching for private companies to implement ASC 842 for fiscal years ending after Dec. 2021年15日，现在就开始规划很重要.
Sensiba San Filippo provides a scaled approach to meet your needs. From providing consulting and guidance to your internal team, to fully outsourced lease accounting implementation and administration – and everything in between.
请介绍一下你自己. 我们会在一个工作日内回复. 我们的团队也可以通过电话(925)271-8700.
We provide a scaled approach to meet our clients’ lease accounting needs, from consulting and guidance to fully outsourced lease accounting implementation and administration–and everything in between.
Join our upcoming webinar to gain practical insights into recent updates, ongoing lease accounting maintenance considerations such as lease remeasurements, 政策, 内部控制, 税务方面的考虑——以及需要避免的陷阱.
• Best practices for ongoing lease maintenance and administration
The webinar will also feature a demonstration from LeaseCrunch illustrating how to administer, 维护, and add new leases as your business evolves throughout the year. 1小时CPE学分.
The ASC 842 deadline for private companies and nonprofits is fast approaching and will significantly impact how leases are accounted for within financial statements.
不管你有一份租约还是几百份, 每个组织都需要识别, 摘要, 分类, 占, 并在租赁期内管理租赁. The pandemic has caused many companies to fall behind on adoption, 但现在是重回正轨的好时机, 学习实现最佳实践, 以及如何简化遵从性. 本次按需租赁会计网络研讨会将包括:
ASC 842 will require companies to 占 lease obligations on their balance sheet with detailed footnote disclosures. 为了遵守规定，公司需要评估:
Companies must make policy decisions regarding how leases are classified, including estimates and the potential impairment of right-of-use assets. Many of these decisions will make implementation easier but may result in more significant assets and liabilities appearing on your balance sheet.
流程 & 控制
Companies must document operating leases that have previously been decentralized within business units and locations. This introduces a need for new systems, processes and controls.
Adding significant lease liabilities may affect your company’s compliance with debt covenants. You need to understand these potential implications and may have to begin conversations with lenders. Companies must make policy decisions regarding how leases are classified, including estimates and the potential impairment of right-of-use assets. Many of these decisions will make implementation easier but may result in more significant assets and liabilities appearing on your balance sheet.