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Journey to ASC 842 Adoption: What Can We Learn from the Past?

June 3, 2021 @ 11:00 am - 12:00 pm EDT

Free
DHG CPE Webinars

Participants of the live webinar will be eligible for 1 free CPE credit.

Course Description

Even with the private company delay to the compliance deadline for ASC 842, it is highly recommended organizations don’t wait to begin their implementation and develop a strategy to comply with the new lease accounting guidance sooner rather than later. During this webinar, presenters from LeaseQuery and DHG will examine the details of ASC 842 and lessons learned from public companies who have already implemented. We will then explore the journey of implementing the new standard and discuss the importance of starting the process early to help eliminate substantial mistakes.

 

Learning Objectives

  • Review details of the new lease accounting standard and what is required for compliance
  • Understand the challenges and lessons learned from public company implementations of ASC 842
  • Develop a plan for implementation and understand the importance of starting the process early

 

Prerequisites

  • None

 

Who Should Attend

Accounting and finance professionals who manage a medium-to-high volume of leases will benefit most from this event.

 

Advanced Preparation

None

Presenters

Justin Shemaria

Jason Parker, CPA

Accounting Solutions Manager at LeaseQuery 

jason.parker@leasequery.com

Jason began his career in the audit practice at KPMG, serving both public and private clients in a wide array of industries. Jason is a licensed CPA in the state of Georgia and earned a dual Masters and Bachelors degree in Accounting at the University of Georgia.

Justin Shemaria

Cheryl Levesque, CPA, CIA, CISA, PMP, FLMI

Partner at DHG 

Cheryl is an advisory partner in DHG. She has led 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.

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