From Spreadsheet Struggles to Software Success

Course Description

During this session, our lease accounting expert, Abdi Ali, will briefly review the requirements for lease accounting maintenance under ASC 842 and present the key features and functionalities available in software providing value to your organization beyond compliance.

We will discuss potential concerns to be aware of when using Excel for lease accounting and cover how the right software can support internal controls, improve efficiency, and provide cost-saving benefits to your company. Finally, Abdi will review how an integrated lease accounting solution can simplify the ongoing accounting and processing of leases for the whole company.

 

Learning Objectives

  • Review the key requirements for lease accounting after the transition to ASC 842
  • Identify potential risks when using Excel for your organization’s lease accounting maintenance
  • Explore the benefits of a purpose-built lease accounting software and a seamless integration between your chosen lease accounting solution and your ERP

Prerequisites

  • None

Who Should Attend

Accounting and finance professionals managing a medium-to-high volume of leases and accounting and consulting professionals working with those clients.

 

Advanced Preparation

None

Presenters

Benjamin Belk

Abdi Ali

Technical Accounting Manager at FinQuery

abdi.ali@finquery.com

As a former Grant Thornton audit associate, Abdi assisted in the audits of various publicly traded and privately held clients. He also has notable experience as a general ledger accountant. In Abdi’s current role as a Technical Accounting Manager at FinQuery, he demonstrates the product to prospective clients and serves as a resource to current clients looking for guidance on understanding and implementing the new lease standards.

CPE Webinar

Date & Time

Apr 30, 2024 – 1:00 PM ET

Course Information

COST FREE
CREDITS 1.00 hours
SUBJECT AREA Computer Software & Applications
COURSE LEVEL Basic
DELIVERY METHOD Online

Register for this webinar below.


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.