Lease Accounting: Keys to Compliance Success

Learn the actions you can take to achieve sustainable compliance Now that it’s time to start your lease accounting and compliance project, it makes sense to leverage the experience of those who have already implemented. The first wave of adoption for the lease accounting standards began with ASC 842, IFRS 16, and public companies a few years ago. Since then, many private companies already adopted early to get ahead of the requirements and make the transition easier. And government organizations are also evaluating what it will take to become compliant with GASB 87. Lease accounting experts from EZLease and WhitleyPenn cover the key pitfalls to avoid in your planning, why these pitfalls matter, and actions you can take to achieve sustainable compliance. Attendees will learn:

• Quality and completeness of lease portfolio data

• Policy documentation and processes

• Managing leases efficiently

• Tips for a successful audit

• Ways to achieve long-term compliance

• Potential mitigation strategies