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Lessons Learned on Leases and Implementation Issues: Accounting, Auditing & Financial Reporting Conference

Available Until Monday, March 31, 2025

Online

1.50 Credits

Member Price $49.00

Non-Member Price $70.00

Overview

Join Mike Cheng for a plain English discussion on the lessons learned from implementing ASC 842 (Leases) as a Lessee. Discover the common pitfalls when it comes to lease accounting and gain valuable insights on how to navigate the challenges of ASC 842. This session will provide practical advice and real-world examples to help you understand lease accounting.

Designed For

CPAs in public practice and industry

Leader(s):

Leader Bios

Michael Cheng, Nat'l Professional Practice Partner, Frazier & Deeter

Mike Cheng joined Frazier & Deeter in 2019 as the Partner who oversees the firm’s professional practices related to accounting and audit. As part of this role, he specializes in assisting clients with complex accounting and financial reporting issues.

Prior to joining the firm, Mike was a Senior Project Manager at the Financial Accounting Standards Board (FASB). At the FASB, he served as the Private Company Council (PCC) coordinator, where he was responsible for all PCC related matters. In addition, Mike led projects to simplify the accounting for non-employee share-based payments, help shape the future of the FASB technical agenda and improve consolidations guidance (VIE guidance). Most recently, he worked on the FASB’s implementation team on revenue recognition (ASC Topic 606) and lease accounting (ASC Topic 842).

Prior to joining the FASB, Mike held various management positions with PricewaterhouseCoopers. He was an Audit Senior Manager, Private Company Services, in the firm’s Stamford, CT office. From 2003-2011, he also held roles of increasing responsibility in PwC’s Core Assurance divisions in Buffalo and Rochester, NY.

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Non-Member Price $70.00

Member Price $49.00