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Lease Standard Adoption Tips & Reminders for Institutions of Higher Education

February 15, 2023

The new lease accounting standard (ASC 842) is effective for all private companies for fiscal years beginning after December 15, 2021. That means for most higher ed institutions, the long-awaited lease standard is finally here. At FORVIS, we understand there has been no shortage of guidance and training on this topic over the last several years. However, with the task of adoption now upon you, please join us as we touch on some tips and reminders related to this standard. Additionally, we will provide a demonstration of our lease accounting solution—LeaseVision.



Gary Bishop, Hannah Field, Jackson Magdy

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