Live CPE Webinar
Conquering ASC 842: Streamlining Lease Accounting for a Smooth Audit
 Thursday, April 17, 2025 |
 1 P.M. EST |
| Level Basic |
Subject Accounting |
Cost Free |
CPE Credits 1.00 hour |
Learning Objectives
- Understand auditor expectations and improve internal controls for efficient lease management and compliance.
- Learn to apply assertions, manage risk assessments, and prepare for auditor testing related to lease accounting.
- Learn practical tips and strategies to ensure your lease accounting is audit-ready and compliant.
- Properly prepare lease liability calculations, footnote disclosures, and maturity schedules.
- Recognize and utilize the benefits of lease accounting software to streamline audit preparation and compliance.
Register Now
Meet the Speaker
Taylor Guthrie
Technical Accounting Consultant |
 |
Taylor Guthrie is an Accounting Manager at FinQuery. Prior to FinQuery, Taylor earned a Bachelor’s degree in accounting from Lynchburg College and then transitioned to a public auditor role at Brown Edwards. As a former audit senior, he assisted in the audits of various entities in various niches. This background includes implementation and maintenance of ASC 842, GASB 87, and GASB 96. Today Taylor helps FinQuery’s customers understand and implement the new lease standards as well as navigate intricacies of the software.
Course Description
We’ll use a real-world example of ACME Company, who faced significant audit challenges with ASC 842, to illustrate common pitfalls and effective solutions. Learn how to anticipate auditor expectations, strengthen internal controls, and leverage technology to simplify lease management. We’ll cover key areas like assertion assessment, risk management, testing procedures, and disclosure requirements, providing actionable strategies to ensure a smoother, more efficient audit process. Discover how to transform your lease accounting from a source of stress to a pillar of financial accuracy.
CPE Details
Details
Program Level: Basic
Prerequisites: None
Advanced Preparation: None
Delivery Method: Online
Recommended CPE Credit: 1.00 Hour
Field of Study: Accounting
Who Should Attend
Accounting and finance professionals and consultants are involved in managing audits under ASC 842 for their organizations or those of their clients.
Sponsor Statement
FinQuery, LLC is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: NASBAregistry.org. For more information regarding administrative policies such as complaints, please contact CPEinfo@finquery.com.
Program Cancellation Policy
If a program is cancelled, FinQuery will notify registrants via the email address that they used to register for the program.