In a recent survey, we asked more than 270 accounting and finance professionals to share their biggest priorities and roadblocks as the FASB ASC 842 lease accounting transition journey comes to an end. The gap between private companies who believe they are on track to comply with ASC 842 in the time remaining and those who have actually begun the process is surprising, especially given the firsthand experiences shared by public companies.

During this webinar, we will review the results from this report, one of which is the naming of the top three concerns impacting lease accounting compliance now: COVID-19 pandemic ramifications, staffing and talent challenges, and determining the best transition options for your organization. We will also share tips for how to handle those concerns while ensuring a smooth and successful transition to ASC 842.

Learning Objectives:

• List the top three roadblocks for private company compliance


• Evaluate valuable industry insights on common concerns for the new lease accounting standard


• Summarize benefits beyond compliance