There’s a lot of confusion regarding lease accounting. Who should be involved? How many resources are needed? What type of technology should be used? With all of that in mind, it’s understandable that most businesses are overwhelmed, and one-third (33%) of private companies are still not fully prepared to transition to ASC 842. As businesses approach the initial reporting period under the new standard, there is massive pressure to retroactively learn and organize their leases.
In this webinar, lease accounting implementation and adoption experts will share proven processes and tools to accelerate progress, how to get started now and reduce the risk of error, and necessary, critical tips to ensure accurate lease accounting data.
Learning Objectives:
- Identify proven processes and tools to accelerate progress in transitioning to ASC 842
- Recognize day two lease accounting complexities and key considerations for handling ASC 842 compliance internally versus outsourcing
- Summarize critical tips to ensure accuracy and completeness of your lease population
Meet the Presenters
Joe Fitzgerald
SVP of Lease Market Strategy
Visual Lease
Matt Watson
Director of Implementation
Visual Lease
Matt Watson leads Visual Lease’s Implementation team. With more than 12 years experience, Matt is responsible for ensuring Visual Lease customers receive a positive initial customer experience and successful platform adoption. Prior to his current role, he was responsible for managing customer implementations at various SaaS companies.
Laura Adams
Manager, Technology Consulting
RSM US LLP
Laura has more than five years of experience in accounting and consulting at RSM. She spent more than two years as an auditor for mid-market public and private companies before moving over to consulting where she has spent the majority of her time specializing in Accounting Standards Codification (ASC) 842 and Governmental Accounting Standards Board (GASB) 87 compliance. Laura provides advisory assistance to help companies increase their overall efficiencies, effectiveness, and improve the information technology alignment with business functions and processes.