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ASC-842 Rule: Impacting Financial Decision Making


August 4, 2021

11:30 AM – 12:30 PM EDT



The transition from ASC 840 to ASC 842 will significantly affect financial decision-making. The reduction of off-balance-sheet financing from the recording of operating leases on the balance sheet will modify financial statement presentation in almost all cases while also affecting financial statement ratios, key performance indicators, and banking compliance considerations.

Join our Assurance & Business Advisory Services Senior Manager Tobin Perrill and Manager Kristin Romaker as they review the new accounting standard, including:

  • ASC 842 implementation timeline and reminders
  • Differences between an operating and finance lease
  • An overview and case study of the effects of implementation on financial statement presentation, loan covenants, and banking compliance
  • How GBQ can help
  • Q&A

This webinar qualifies for 1.0 hour of CPE based on Ohio CPE requirements.

Please note our webinar sessions can accommodate a maximum of 500 individuals. Should you experience difficulties accessing the live broadcast, it is likely due to reaching attendee capacity. For your convenience, a recording will be made available on our webinar recording webpage following the presentation.


Tobin Perrill Senior Manager, Assurance & Business Advisory Services