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The New Lease Accounting Standards…Topic 842: Wednesday, June 17, 2020

Wednesday, June 17, 2020 @ 1:00 pm - 3:00 pm

Online CPE Course:

The New Lease Accounting Standards…Topic 842

Wednesday, June 17, 2020


TXCPA Dallas

invites you to an

Online CPE Event

The New Lease Accounting Standards…Topic 842

presented by

Stephen G. Austin

Managing Partner, Swenson Advisors


Ane Ohm

Co-Founder & CEO, LeaseCrunch

Wednesday, June 17, 2020

1:00 p.m. – 3:00 p.m.



Course Description: This session will cover:

  • Understanding the new lease accounting standards…Topic 842.
  • How to approach the topic. Key project management lessons learned.
  • How to handle challenges with lease document discovery and finding embedded leases.
  • Organizing to address pre-implementation elections and post-implementation lessons.
  • How to audit the results of the new standards.
  • How have recent FASB delays impacted Topic 842 implementation.
  • What are the effects of lease concessions?
  • Review of recent FASB Q&A.
  • Overview of a popular lease accounting software.



Learning Objectives: After the course, attendees should:

  • Have an overview of the lease accounting framework.
  • Know how to address the practical expedients.
  • Understand the differences between Topic 840 and Topic 842.
  • Be able to apply strategies to uncover embedded leases.
  • Know how to train and organize your team to handle these large projects.
  • Know how to address new internal controls at transition and after transition.
  • Know how to address process changes for supply chain and finance and accounting.
  • Know how to identify audit risks with renewal options and discount rates.
  • Know how to gather the information to flow into expanded footnote disclosures.
  • Know how to test for completeness on the balance sheet.



Level:                          Basic/Technical

Prerequisites:              None

Course #:                     21540102

CPE Credit Hours:       2

Date:                            Wednesday, June 17, 2020

Time:                           1:00 p.m. – 3:00 p.m.

Format:                        Live (Internet-based)

Cost:                           $35/Member, $135/Non-Member


To register for this event, click here.



Wednesday, June 17, 2020
1:00 pm - 3:00 pm

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