Embedded Leases: Are They Hiding in Your Contracts?

Join us for a discussion on lease accounting under ASC 842, including insights and best practices on identifying and accounting for embedded leases.

Show Notes

Private companies are getting closer and closer (2022!) to the adoption deadline for the new lease accounting standard, ASC 842. That’s why we sat down with one of Embark’s lease accounting gurus, Ty Cotter, to discuss embedded leases in this episode of Accounting Matters, hitting on topics like:

• Why embedded leases matter under the new leasing standard
• Common contract types that may contain lease components
• The definition of a lease under ASC 842
• Accounting for lease and non-lease components in contracts

For more information on embedded leases:

• The Most Common Lease Accounting Pain Points Under ASC 842
• ASC 842, Leases

Connect with Embark on:

• LinkedIn
• Instagram
• Twitter
• Facebook
• YouTube

Listen to Accounting Matters on Apple Podcasts, Google Play, and Spotify.

What is Accounting Matters?

Accounting Matters lives up to its title, covering vital accounting topics that actually matter to professionals in the accounting trenches. We start with a new topic and definition every episode, then highlight and discuss the key areas, from evaluation to reporting. Accounting Matters is hosted by public accounting veterans Adam Olsen & Nicole Harger from advisory firm Embark.

LinkedIn - https://hubs.ly/H0XgZnG0
Instagram - https://hubs.ly/H0XgYNZ0
Twitter - https://hubs.ly/H0Xg-dz0
Facebook - https://hubs.ly/H0XgZR70