Not One and Done: Lease Accounting After Transition

Course Description

Join FinQuery as we review the policies, processes, and internal controls for organizations to consider incorporating for lease accounting post-transition to ASC 842.

Throughout the presentation, we will explore the challenges and benefits of your ongoing lease accounting and how those may impact the business. Best practices for executing common lease transactions, month-end close, and year-end reporting will also be discussed. We will review ongoing lease accounting compliance considerations, including lease accounting training and solution maintenance.

Learning Objectives

• Recognize key opportunities and advantages unique to post-transition lease accounting
• Summarize the processes and controls required to record the impact of various lease changes and transactions appropriately
• Understand the year-end disclosures required under ASC 842 and how to identify issues before your audit
• Establish the actions necessary to maintain the completeness and accuracy of your chosen lease accounting solution

On-Demand CPE Credit Eligibility Requirements

• Must answer 3 review questions presented throughout the webinar
• Must complete the final assessment with a grade of 80% or higher
• You will have up to 3 attempts to pass the final assessment
• You have until the date of expiration for this webinar to complete the assessment

If you meet all these criteria you will see a green check mark inside the CPE tool icon that indicates your CPE certificate is ready to be downloaded.

Prerequisites

• Basic knowledge of ASC 842

Who Should Attend

Accounting and finance professionals with a medium-to-high volume of leases as well as accounting and consulting professionals who work with those clients.

Advanced Preparation

None

Presenters