Participants of the live webinar will be eligible for 1 free CPE credit.
With less than six months to adopt the new lease accounting standard (ASC 842), the deadline for compliance is quickly approaching for a majority of private organizations in the United States. The standard takes effect for those companies’ annual reporting periods beginning after Dec. 15, 2021.
Healthcare providers face a unique challenge with both the volume and complexity of their lease population. Implementing the new lease standard not only impacts the accounting department, but the need for information and process changes also spans various functions, including IT, treasury, and legal, among others.
During this session, we’ll explore lessons learned from implementing the new lease accounting standards in healthcare organizations and how to choose the right technology for your organization.
After attending, participants should be able to:
- Identify best practices when executing the implementation project plan
- Choose the right technology solution to help them comply with the accounting standards
- Explain how leading organizations expedited the implementation of the standard
- Find cost-saving opportunities beyond compliance
Don’t let the implementation of the new lease accounting standard be any lengthier or more complex than it has to be. Leverage the new data gathered to discover new insights into your financing agreements. Join us to find out more!