COR2123. ASC 842 Update - Lease complexities in business combinations and impairment reminders

Hear from Ernst & Young accounting and valuation experts on the complexities that can arise from acquiring leases as part of a business combination. This session will include some basic ASC 842 reminders and will delve deep into the related purchase accounting rules, areas of optionality, and accounting and valuation intricacies that will help prepare you for your next deal.

Learning Objectives:

• Describe the technical accounting requirements of ASC 842 as it relates to ASC 805
• Recognize best practices for accounting for leases in business combinations
• Identify the key points of intersection between accounting and valuation as it relates to acquired leases