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  • Edge Computing

Crunchafi to Present ASC 842 Strategies at CPAmerica and CICPAC Conferences


Crunchafi to Present ASC 842 Strategies at CPAmerica and CICPAC Conferences
  • Source: Source Logo
  • |
  • July 11, 2025

Crunchafi, formerly LeaseCrunch, a leading provider of cloud-based SaaS products for accounting professionals, announced on July 10, 2025, its participation in two major accounting conferences: the CPAmerica 2025 A&A Conference (July 15-18, Washington, DC) and the CICPAC Annual Conference (July 23-25, Chicago, IL). Crunchafi experts will deliver sessions on navigating ASC 842 lease accounting complexities, tailored to general and construction-specific challenges. Posts on X from @Crunchafi highlight enthusiasm for engaging CPA professionals and showcasing their rebranded solutions.

Quick Intel

  • Crunchafi to present at CPAmerica 2025 A&A Conference (July 15-18, Washington, DC).

  • Session on July 17: “Real Life, Real Leases: ASC 842 Examples in Crunchafi Lease Accounting” by Julie Grau.

  • CICPAC Annual Conference (July 23-25, Chicago, IL) focuses on construction-specific ASC 842 issues.

  • Session on July 23: “Advanced Lease Accounting for Construction” by Jess Vento.

  • Trusted by over 750 CPA firms, Crunchafi simplifies lease accounting compliance.

  • Events offer CPE credits and networking for CPA professionals.

CPAmerica 2025 A&A Conference: Real-World Lease Accounting

At the CPAmerica 2025 A&A Conference in Washington, DC, Julie Grau, Training & Enablement Manager at Crunchafi, will present “Real Life, Real Leases: ASC 842 Examples in Crunchafi Lease Accounting” on July 17. The session will explore real-world lease scenarios, demonstrating how Crunchafi’s Lease Accounting solution handles modifications, remeasurements, and classification changes. Held at the Washington Marriott Georgetown, the conference offers CPE credits and networking opportunities for CPAmerica’s 72 member firms, representing over 180 professionals, as noted in a June 2025 CPAmerica event recap.

CICPAC Annual Conference: Construction-Focused ASC 842

At the CICPAC Annual Conference in Chicago, IL, Jess Vento, Senior Director of Solution Engineering, Education & Support, will present “Advanced Lease Accounting for Construction: Tackling Sale-Leasebacks, Incentives, and Acquisitions” on July 23. Tailored for construction industry CPAs, the session addresses unique ASC 842 challenges, including sale-leasebacks, incentive arrangements, and M&A lease treatments. CICPAC, dedicated to construction-focused CPA firms, offers CPE credits and industry-specific insights, as highlighted on their site.

Crunchafi’s Role and Impact

“These events give us an opportunity to engage with CPA professionals and demonstrate how Crunchafi’s Lease Accounting simplifies complex accounting challenges,” said Jess Vento. Trusted by over 750 CPA firms, Crunchafi’s platform streamlines compliance with ASC 842, GASB 87, and IFRS 16, reducing transition and maintenance time for leases. The company’s rebrand from LeaseCrunch, announced June 25, 2025, reflects its expanded focus on lease accounting, data extraction, and cash flow forecasting.

Industry Context and Relevance

ASC 842, effective since 2019, remains a complex standard for lease accounting, with 68% of CPA firms citing ongoing compliance challenges, per a 2025 AICPA survey. Crunchafi’s cloud-based solution addresses these by automating lease calculations and reporting, critical for industries like construction where sale-leasebacks and M&A are common. The global lease accounting software market is projected to grow to $2.3 billion by 2030, driven by demand for compliance tools. Crunchafi’s participation aligns with industry trends, as seen in Trullion’s recent CPAmerica partnership for AI-driven accounting solutions.

Strategic Value for CPA Firms

Crunchafi’s sessions at both conferences emphasize practical strategies, enabling firms to boost productivity and focus on client relationships. The CPAmerica event, alongside a Technology Roundtable, fosters peer sharing on audit innovations, while CICPAC’s focus on construction ensures targeted insights for specialized firms. Crunchafi’s expertise and scalable platform position it as a leader in helping CPAs navigate ASC 842’s complexities, enhancing compliance and efficiency.

 

About Crunchafi

Crunchafi, formerly LeaseCrunch, is a leading provider of cloud-based SaaS products built for accounting and financial professionals. Crunchafi’s solutions simplify lease accounting, data extraction and cash flow forecasting—helping CPA firms work smarter and deliver strategic value faster. Trusted by over 750 firms, Crunchafi combines accuracy, scalability and expert support to power the future of accounting.

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