The new lease accounting standard (ASC 842) is effective for all private companies for fiscal years beginning after December 15, 2021. This means, for most higher ed institutions, the long-awaited lease standard is finally here. With the task of adoption now upon you please join MICU partner, FORVIS (formerly BKD), for a helpful webinar as they touch on some tips and reminders related to this standard. Additionally, FORVIS will provide a demonstration of their lease accounting solution—LeaseVision.
Wednesday, February 15 2–3:30 p.m.
Learning Objectives:
Understand the key and critical components when preparing for the adoption of the
lease standard
Recognize accounting and disclosure requirements related to leases
Discuss how FORVIS can help using LeaseVision