This content was published prior to the merger of equals between BKD and DHG on June 1, 2022. See all FORsights for the most up-to-date articles, webinars, and videos.
BKD Tuesdays at Ten Series: Leases
Intellectual and developmental disability and behavioral health provider operations include numerous leases that must be accounted for using the new lease standard ASC 842. As of January 1, 2022, this standard is effective for organizations that were not required to implement this standard previously. This session will review the new lease standard and share lessons learned from successful implementations.
Learning Objectives
Upon completion of this program, participants will be able to:
- Explain the new lease standard requirements
- Identify the types of leases that will be required for review and disclosure
- Discuss the key components of an implementation plan for achieving compliance