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:
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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
Lease Accounting: How To Ensure Reliable, Effective Implementation And Adoption
Meet the presenters:
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.
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.
Troy Sheehan,Director, Consulting, RSM US LLP
Troy has more than ten years of experience in accounting and consulting at RSM both in the US and the UK. He spent more than six years as an auditor for mid-market public and private companies before moving over to consulting where he has spent the majority of her time specializing in Accounting Standards Codification (ASC) 842 and Governmental Accounting Standards Board (GASB) 87 compliance. Troy provides advisory assistance to help companies increase their overall efficiencies, effectiveness and improve the information technology alignment with business functions and processes.
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