A ventilation screed comprising a perforated attachment flange portion that is substantially vertical and at least one perforation between the top end and the bottom end; a first substantially horizontal flange portion attached to the top end of the perforated attachment flange at the first end; a first vertical flange portion attached at a point along a mid-section to the second end of the first substantially horizontal flange portion and having a first return leg; a second vertical flange portion attached to the underside of the first substantially horizontal flange portion along a mid-section and having a second return leg; a stepped flange portion attached to the top end of the first vertical flange portion; at least two drain vent openings in the first substantially horizontal flange portion between the first return leg and the second return leg.