Understanding the new lease accounting standard
Join us for a discussion on the changes ASC 842 brings to lease accounting, particularly on the impact it has on the energy industry. We’ll cover the technical accounting requirements and, just as importantly, what such requirements mean for your processes, control environment, and tech stack, along with implementation insights and best practices.
Learning objectives:
The scope and story of ASC 842, including differences from ASC 840
Lease classification and financial statement presentation
Identifying the key elements of a lease
Understanding and identifying embedded leases in contracts
View our webinar
Learning objectives:
The scope and story of ASC 842, including differences from ASC 840
Lease classification and financial statement presentation
Identifying the key elements of a lease
Understanding and identifying embedded leases in contracts
Meet your hosts
Matt Fisser
Matt started his career with KPMG, serving as a senior associate in the firm’s audit practice for nearly five years.
He comes to Embark from Riveron, where he was an associate director in their Financial Advisory Services for four years. Matt is the head of the 842 cohort at Embark as well.
Kimberly Homan
Kimberly began her career in KPMG’s audit practice, primarily working with clients in the retail, manufacturing, and oil & gas industries.
In her four years with Embark, Kimberly has leveraged her extensive ASC 842 experience to help clients navigate the complex lease accounting guidance.