LeaseCrunch LLC, a leading accounting software company, is excited to announce its upcoming webinar “ASC 842 Practical Insights: Navigating Reassessments, Remeasurements, Modifications and Terminations.” The webinar will take place on October 17 at 1:00 p.m. CDT and is designed to provide best practices and tactical strategies to help participants navigate Day 2 lease accounting successfully.

As businesses continue to adapt to the ever-changing landscape of financial reporting standards, lease accounting compliance remains a critical concern. The webinar will focus on helping participants optimize their Day 2 lease accounting procedures – the ongoing management and accounting for lease contracts after initial implementation.

Key webinar highlights will include:

• Remeasurement and Reassessment: Refining procedures to ensure ongoing compliance accuracy.
• Efficient Reconciliation Practices: Outlining strategies for efficient reconciliations for smooth compliance processes throughout the lease lifecycle.
• Strategic Lease Portfolio Optimization: Providing proven approaches for assessing a lease portfolio and facilitating well-informed decisions to maximize financial outcomes.

“We understand that lease accounting compliance can be a complex and time-consuming process,” states Jess Vento, senior director of accounting at LeaseCrunch. “Our webinar aims to provide practical guidance and solutions for finance professionals to optimize their Day 2 lease accounting procedures, reduce risks and improve overall compliance.”

To reserve your spot for this webinar, please visit https://www.leasecrunch.com/optimizing-day-2.