Leases are dynamic, evolving documents. Lease changes – and remeasurements – are common, but how to handle them under ASC 842 is not always straightforward. As unexpected circumstances like COVID-19 interrupt business plans, payments or obligations may have changed in unpredictable ways.
Because lease changes are common, FASB devoted much of ASC 842 to lease remeasurements. In this webinar, you will learn:
- Lease remeasurement scenarios, best practices + requirements under ASC 842
- How to optimize your internal processes to ensure timely and complete information
- Workarounds to get the job done when your processes don't work as they should
Meet the Presenter:
Bill Harter is a Subject Matter Expert for Lease Accounting here at Visual Lease. Bill has over 30 years of experience in commercial real estate operations and finance, half with landlords and half with tenants. Prior to joining Visual Lease, Bill was responsible for international real estate portfolios of millions of square feet, comprised of office, retail and industrial properties.