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Winning the Lease Accounting Game: Day 2 Strategies Post ASC 842 Transition

Calendar Icon Tuesday, August 20, 2024 Time Icon 1-2 p.m. ET
Level
Basic
Subject
Accounting
Cost
Free
CPE Credits
1.00 hour

Learning Objectives

  • Understand the importance and advantage of ongoing lease and policy reviews
  • Summarize the steps, calculations, and journal entries to record various lease changes and transactions
  • Learn how to timely recognize lease portfolio changes and rectify mistakes
  • Determine the steps to evaluate leases for impairment and apply accounting treatment

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Meet the Speaker

Jaron Moss

Course Description

Join FinQuery as we review the ongoing day 2 considerations for lease accounting post-transition to ASC 842.

During our presentation, we will explore the advantages of conducting regular lease reviews for your organization and examine how changes in the lease portfolio over the year can affect your business. Additionally, we will cover best practices for managing continuous lease remeasurements, including reassessments, modifications, and impairments, enhancing both clarity and effectiveness.

What Covered

CPE Details

Details

Program Level: Basic
Prerequisites: Basic knowledge of ASC 842
Advanced Preparation: None
Delivery Method: Online
Recommended CPE Credits: 1.00 Hour
Field of Study: Accounting

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.

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.