Tackle Your Audit Like a Pro
Earlier this year, LeaseQuery conducted a survey of 240 accountants, analyzing the obstacles faced before, during, and after their first audit post-lease accounting transition. The results proved the first audit under the new lease accounting rules brings both issues and insights to accountants, with half of the companies reporting additional effort was needed. During this webinar, the LeaseQuery team dives into the data and details recently highlighted in the Post-Transition Lease Audit Playbook.
Recent Blogs
Unlocking the Power of Lease Accounting Data: A Guide for FP&A
Financial Planning & Analysis (FP&A) plays a crucial role as a strategic partner to the business, utilizing financial analysis and forecasting to help guide decision-making. Their responsibilities include drafting budgets and forecasts, optimizing the...
Commercial Lease Overview: Lease Types, Management, Accounting, & More
1. Understanding commercial lease agreements Commercial leases of equipment 2. Commercial lease management Lease management software 3. Commercial lease types Gross lease / full-service lease Net lease Absolute net lease or "absolute NNN lease" Modified gross lease...
Materiality, Immateriality, and Material Misstatements in Accounting Explained
What is materiality in accounting? Materiality is the accounting concept that the more significant missing or incorrect information is to an entity, the larger impact the error or omission may have on the decision-making of users of the affected financial statements....
