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In this video tutorial, Sarah Cage and co-host Adam Olson introduce Ty Cotter, a lease accounting specialist from Embark. They discuss the implementation of ASC 842, focusing on embedded leases, which private companies are required to adopt by 2022. The conversation aims to assist companies in identifying all their leases and serves as a refresher for those who have already adopted the guidance. Adam highlights the importance of defining a lease under U.S. GAAP to set the stage for understanding embedded leases. The session promises detailed insights and answers to various questions regarding lease accounting.