With less than six months to adopt the new lease accounting standard (ASC 842), the deadline for compliance is quickly approaching for a majority of private organizations in the United States. The standard takes effect for those companies’ annual reporting periods beginning after Dec. 15, 2021.
Healthcare providers face a unique challenge with both the volume and complexity of their lease population. Implementing the new lease standard not only impacts the accounting department, but the need for information and process changes also spans various functions, including IT, treasury, and legal, among others.
During this recorded webinar, we explore lessons learned from implementing the new lease accounting standards in healthcare organizations and how to choose the right technology for your organization.