In this episode, Melisa Galasso breaks down FASB’s Post-Implementation Review (PIR) of Leases (Topic 842) and what it means for stakeholders. Get a concise overview of the review’s major findings, ongoing challenges, and actionable takeaways.
- Why FASB conducted a PIR for Leases (Topic 842) and its historical background
- Key costs and benefits identified for both lessees and lessors
- Implementation challenges and ongoing compliance issues
- Notable improvements and remaining pain points with lease accounting
- Lessons learned and future implications for standard setting
Stay tuned for practical insights on how these findings could impact your organization’s approach to lease accounting.
SCACPA is excited to partner with Galasso Learning Solutions and the Genuine Learning Blog for real-time A&A updates and answers for SCACPA members.
Melisa F. Galasso is the Founder and CEO of Galasso Learning Solutions LLC. A CPA with over 20 years of experience in the accounting profession, Melisa designs and facilitates courses in advanced technical accounting and auditing topics, including not-for-profit and governmental accounting. Her passion is providing high-quality CPE that is meaningful, creates efficiencies and improves quality, and positively impacts ROI.
