Healthcare lease accounting deadlines were moved in the wake of the global pandemic but the new deadline is fast approaching. Healthcare CFOs and industry financial professionals need to plan today for a deadline that might as well be tomorrow from a management standpoint.
Private companies and nonprofit organizations might have heaved a sigh of relief when, thanks to COVID-19, the deadline for the new ASC 842 lease accounting standard was extended (again). But if you haven’t already done so, it’s now time to shift back into higher gear.
Supply chain expert Ron Rod details how healthcare providers, payers and life sciences companies are responding to COVID-19 supply chain interruptions while preparing to emerge stronger in the future.
During this webinar, lease accounting experts from RGP Healthcare and LeaseAccelerator take a deeper dive into the GASB 87 lease accounting standard, discussing the practical steps you should take to achieve and maintain compliance.
Preparing for compliance under the new leasing accounting standard, GASB 87, potentially poses a major undertaking for hospitals, universities, and local and state government entities.
Joni Noel, our SVP of Healthcare, was interviewed by the marcus evans National Healthcare CFO Summit Fall 2019. In the interview she discusses how healthcare CFOs can ensure their health system is compliant with the new lease accounting standard under ASC 842 or GASB 87.
Don’t Let the Delay in Lease Accounting Standards Slow Down Your Planning
Compliance with the new lease accounting standards – ASC 842 / IFRS 16 / GASB 87 – is a challenge for many organizations, but it also represents an opportunity to improve policies and processes.