skip to main content
X

Implementing the Lease Accounting Standards

Lease accounting professionals Michelle Felmlee and Marc Lichtman explained the impact of the 2022 lease accounting standards, as well as how businesses and not-for-profits can prepare to implement and apply the new standards. If you missed the live event, a recording may be found below.

IMPLEMENTING THE LEASE ACCOUNTING STANDARDS

IMPLEMENTING THE LEASE ACCOUNTING STANDARDS

While COVID pushed back the effective date to 2022, privately held businesses and not-for-profit organizations are working right now to begin compliance with the lease accounting standards. Adding to this complexity are the effects the pandemic has had on real estate footprints and leasing terms, which need to be accurately reflected on the balance sheet.

Our lease accounting professionals explained the impact of the 2022 lease accounting standards, as well as how businesses and not-for-profits can prepare to implement and apply the new standards. If you missed the live event, you can find the recording below.

Watch Video    View Slides

Speakers

Michelle Felmlee, Partner | UHY LLP

Michelle is a leading member of the audit and assurance department with over 15 years of experience in public accounting.  She specializes in providing audit and review services for both public and privately-owned companies, including reporting on internal controls.  Michelle provides clients with timely communications regarding recent accounting developments, implementation of new accounting standards, appropriate application of GAAP and SEC reporting requirements.

Marc Lichtman, Partner | UHY LLP

Marc provides audit and business advisory services for clients ranging from private, entrepreneurial startups to publicly held, multinational clients.  He has extensive knowledge includes assisting with public offerings, business acquisitions and divestitures, SEC reporting, and complex debt and equity transactions.  Marc is one of the lead technical partners on accounting and auditing guidance.

HAVE A QUESTION?

Please complete this form to hear from one of our experienced tax specialists

Hide Firm Disclaimer

©2022 UHY LLP. ALL RIGHTS RESERVED.

UHY LLP is a licensed independent CPA firm that performs attest services in an alternative practice structure with UHY Advisors, Inc., and its subsidiary entities. UHY Advisors, Inc.’s subsidiaries, including UHY Consulting, Inc., provide tax and business consulting services through wholly owned subsidiary entities that operate under the name of “UHY Advisors” and “UHY Consulting”. UHY Advisors, Inc., and its subsidiary entities are not licensed CPA firms. UHY LLP, UHY Advisors, Inc. and UHY Consulting are U.S. members of Urbach Hacker Young International Limited, a UK company, and form part of the international UHY network of legally independent accounting and consulting firms. “UHY” is the brand name for the UHY international network. Any services described herein are provided by UHY LLP, UHY Advisors and/or UHY Consulting (as the case may be) and not by UHY or any other member firm of UHY. Neither UHY nor any member of UHY has any liability for services provided by other members.

On this website, (i) the term "our firm", "we" and terms of similar import, denote the alternative practice structure conducted by UHY LLP and UHY Advisors, Inc. and its subsidiary entities, and (ii) the term "UHYI" denotes the UHY international network, in each case as more fully described in the preceding paragraph.