The First 90 Days: 5 Steps to Compliance

As private organizations work on year-end close and head into audits, it is time to prepare for the journey to comply with the ASC 842 lease accounting standard. As we learned from the public companies that have already gone through this process, private organizations need to get started right away – the compliance journey is longer and requires more resources than you might expect. Hear Colleen Tigges, SVP Global Solutions, Lease Accelerator and Jason Larkin, Senior Manager – Americas Financial Accounting Advisory Services, EY, as they lay out a practical, 90-day plan to jump start your path to ASC 842 compliance in 5 critical steps. Attendees will learn:

• Understand the lease accounting standards and how to manage the risks to your organization

• Get practical steps to kickstart your compliance with ASC 842

• Uncover the implementation challenges and value of automation

• Learn best practices from public companies’ implementation of ASC 842