Lease Accounting Tutorial – Real World FASB Examples

Kickstart your FASB compliance If you’re a private organization, you’re probably new to lease accounting and looking for examples on how to meet the upcoming Financial Accounting Standards Board (FASB) lease accounting deadlines. Whether you have thousands of leases or only a few, you still need to go through the process of identifying, abstracting, classifying, properly accounting for, and managing your leases throughout their terms. Leasing specialists from EZLease go over the accounting you’ll need, with detailed accounting examples for lessees and important lease changes with ASC 842. We’ll highlight the lease data required for the accounting so you can achieve compliance before the deadlines and in the future. Bring your own examples and we’ll show you how the right information and lease accounting tools can make compliance projects easier. Viewers will learn:

• The requirements for the lease accounting standards

• The accounting for ASC 842 leases

• Practical steps to kickstart your compliance