Adoption of ASC 842 lease accounting guidance is challenging, and most companies that have worked on compliance just want to get to a finish line. But it’s not a race. It’s an ongoing process that needs refinement to develop the ideal processes, controls and systems for each organization’s unique needs.

Join CoStar Director of Lease Accounting Matt Waters, CPA and (guest) as they discuss 10 best practices for “day two” and beyond of lease accounting under ASC 842. One hour of CPE credit available to participants.

Many public companies that already adopted the new standard made policy decisions and lease accounting software choices without fully understanding the nuances of reporting requirements. Now as the compliance deadline for nonpublic companies looms at the end of 2021, every organization can benefit from the experiences of those that have gone before them to chart a course – or even course-correct – for the optimal way to navigate ASC 842.