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Community Health Network’s Transition to the New Lease Accounting Standards

101420 Presented at RECONNECT 19

Community Health Network implemented PeopleSoft Lease Administration 9.2 in 2017. In 2018, it was determined that the new ASC842 accounting standards change for payables/lessee leases would impact CHN in 2019. In this presentation, we will walk through CHN’s planning and approach for tackling the transition from both a business process and PeopleSoft configuration perspective. We will discuss the overall approach; the timeline; the resources required; the project structure; major tasks and activities; success factors and lessons learned. This presentation will assist your organization with understanding how to leverage PeopleSoft to support the new accounting standard.

Presented by Garrett Hall, Community Health Network

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Community Health Network’s Transition to the New Lease Accounting Standards