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Lease Accounting

ASC 842, Five Years Later: Lessons from the FASB Review

March 25, 2026

Five years after Topic 842 changed the lease accounting landscape, the FASB has released its post-implementation review of the standard. The findings confirm what many accounting teams already know: the standard delivered better visibility into lease obligations, but implementing and maintaining it has been more complex than expected. 

In this session, we break down the key takeaways from the FASB’s review and what they mean for finance teams and CPA firms supporting lease accounting today. We’ll explore where companies are still struggling, why certain areas of the standard continue to create challenges, and how firms can streamline lease workflows now that adoption is behind them. 

We’ll also share practical strategies and a few product tips for simplifying ongoing lease management, so teams spend less time wrangling lease data and more time focusing on analysis and reporting. 

 

After attending this webinar, participants will be able to: 

  • Identify the key findings from the FASB post-implementation review of Topic 842 
  • Recognize the most common areas of complexity in ongoing lease accounting 
  • Understand how improved lease data management and controls impact financial reporting 
  • Apply practical strategies to streamline lease accounting workflows and reduce ongoing effort 

Webinar Registration

CPE Information:

Participants will earn 1.0 CPE Credit
FOS: Auditing

In order to be awarded the full credits, you must respond to three out of the four polling questions asked during the program.

Program Details

  • Program Level: Basic
  • Prerequisites: None
  • Advanced Preparation: None required
  • Field of Study: Auditing
  • Instructional Method: Group Internet-Based
  • CPE Credit: 1.0
  • Who Should Attend: CPAs, accounting professionals, financial analysts, and advisors responsible for lease accounting or client advisory services.
  • Refunds and Cancellations: No fee to attend

For more information regarding refund, concerns, and/or program cancellation policies please contact our offices at 414-626-6685.

Crunchafi is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org.

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