If you aren’t prepared for ASC 842 compliance, your business is at risk of failing an audit. Leases are incredibly complex and dynamic – and ASC 842 is not a one-and done disclosure. Lease terms change all the time as companies take on new spaces, scale back or renegotiate, and you must account for every change under the new standards. And, this work is made more complex by the fact that there are typically multiple groups involved in touching lease data. This is a large administrative lift, which makes it more complicated to ensure accurate, ongoing financial reports.
In a recent survey of senior finance and accounting professionals, 99% acknowledged real fears in potentially misreporting company lease information. Join Dixon Hughes Goodman and Visual Lease to learn how public and private businesses have successfully managed their lease accounting from preparation through Day 2 compliance.
In this webinar, you will learn:
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Common challenges and risks of inaccurate lease data
How to get and stay compliant with ASC 842
Tips to set up your business for long-term lease accounting compliance
On-demand Webinar:
How To Avoid the Risks of Asc 842: What To Know for Accurate Lease Accounting
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Meet the presenters:
Cheryl Levesque, Partner, Dixon Hughes Goodman
Cheryl is an advisory partner in DHG’s New York office. During her time as partner, she has advised Fortune 500 global public clients in various roles including serving as Chief Audit Executive during a complete redesign of the Internal Audit department; overseeing SEC Reporting department and the issuance of quarterly filings while simultaneously redesigning processes, people and technology of the department; managing the transition of shared services duties to a newly created Center of Excellence in Asia; handling a complete design of the second line of defense for a spinoff; and assisting in purchase accounting and Sarbanes-Oxley compliance for acquisitions. Cheryl has also lead multiple ASC 842 and GASB 87 lease adoption projects including the selection and implementation of lease accounting software for various public and governmental entities. Prior to DHG, Cheryl spent three years managing a segment’s Internal Audit department for a Fortune 500 insurance company and seven years providing assurance services at a Big 4 accounting firm.
Joe Fitzgerald, SVP of Lease Market Strategy, Visual Lease
With more than 20 years in finance and lease accounting consulting, Joe informs our product roadmap, deepens strategic partnerships and supports go-to-market strategy. Previously, Joe served as EY's practice leader for Lease Accounting and Technology, helping companies navigate the technology landscape for the new lease accounting standards.
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