Secrets to Success: Implementing the New ASC 842 Lease Accounting Standards
The new Financial Account Standards Board (FASB) ASC Topic 842 lease accounting standard goes into effect in January 2019. Is your company ready? The standard changes the accounting guidance for virtually all leases – from real estate to equipment.
To help manufacturers understand the new standard and prepare, Michael Keeler, CEO of LeaseAccelerator, will lead an educational webinar to share the secrets of a successful lease accounting project. Drawing upon lessons learned from over 100 real-world implementations of discrete and process manufacturing companies, Michael will share best practices on achieving day one compliance including
- staffing the project team,
- defining system requirements, and
- testing the accounting outputs.
He will also discuss long-term strategies for sustaining lease accounting on day two and beyond, including building a leasing center of excellence, redesigning lease management processes, and automating the record-to-report cycle.
Continuing Education Credits
In order to best meet our members’ needs for continuing education, MAPI is registered with the National Association of State Boards of Accountancy (NASBA), as a sponsor of continuing professional education on the National Registry of CPE Sponsors. For further information on CPE credits, please click here.
For this event:
- Participants will earn approximately 1.0 CPE credit
- Fields of Study: Accounting
- The delivery method is Group Internet Based
Please let us know if you would like us to issue you a CPE certificate after this webinar.
Questions & Contact
Michael Keeler is the CEO of LeaseAccelerator. Since 2003, he has been the primary force behind the growth and vision for the new software category of Enterprise Lease Accounting.
Michael has more than 20 years of experience building software businesses. Prior to joining LeaseAccelerator, he served as President of Onmark Corporation, an international IT leasing company. Before Onmark, Michael founded and managed two software companies, DataZen (1999-2002) and Ecologic Corporation (1993-1999).
Michael is a graduate of New York University with a master’s in IT (1993) and Georgetown University with a bachelor’s from the Edmund A. Walsh School of Foreign Service (1989).
Michael lives in Virginia with his wife and three children.