Lease accounting doesn’t stop at initial adoption. This advanced session dives deep into the ongoing complexities of maintaining compliance with ASC 842. 

Viewers will learn how to:

• Evaluate complex lease modifications including reassessments of lease term, lease incentives, and the impact of variable payments when indexes change.
• Identify and account for embedded leases and related party arrangements in accordance with ASC 842.
• Apply accounting treatment for leasehold improvements and sale-leaseback transactions, including timing and recognition of incentives received.
• Demonstrate procedures for ongoing lease maintenance, including impairment assessments and reconciliation processes.