NAA2408. ASC 842 - Day 2 and Beyond

Join us for a 75-minute session titled 'ASC 842 - Day 2 and Beyond,' where we'll navigate the post-implementation landscape of lease accounting under the new standard. We’ll delve into issues such as the accounting owner of leasehold improvements and discuss lease accounting for related party and common control leases. We'll also discuss remeasurement and modifications of leases. As always, we’ll try to keep this interactive with Q&A throughout the session.

Learning Objectives:

• Assess the accounting ownership of leasehold improvements and how it affects lease accounting.
• Interpret remeasurement and modification accounting under ASC 842.
• Evaluate leases involving related parties and common control arrangements.