ASC 842: The Road to Compliance

Course Description

In a recent survey, we asked more than 270 accounting and finance professionals to share their biggest priorities and roadblocks as the FASB ASC 842 lease accounting transition journey comes to an end. The gap between private companies who believe they are on track to comply with ASC 842 in the time remaining and those who have actually begun the process is surprising, especially given the firsthand experiences shared by public companies.

During this webinar, we will review the results from this report, one of which is the naming of the top three concerns impacting lease accounting compliance now:

  • COVID-19 pandemic ramifications
  • Staffing and talent challenges
  • Determining the best transition options for your organization

We will also share tips for how to handle those concerns while ensuring a smooth and successful transition to ASC 842.

Learning Objectives

  • Understand the top three roadblocks for private company compliance
  • Explore options for cost optimization in lease accounting
  • Explore valuable industry insights from on common concerns for the new lease accounting standard
  • Explain benefits beyond compliance

Prerequisites

  • A basic understanding of lease accounting

Who Should Attend

Accounting and finance professionals whose companies manage a medium-to-high volume of leases will benefit most from this event, along with CPAs who serve clients with a similar volume of leases.

Advanced Preparation

None

Presenters

Wesley Williams

Kiley Arnold

Accounting Product Marketing Manager at LeaseQuery

kiley.arnold@leasequery.com

Kiley Arnold is an Accounting Manager at LeaseQuery and a CPA, certified in the state of Georgia. She started her career as an auditor at Arthur Andersen. From there she moved into a Senior Accountant role and later served as an Assistant Controller in companies across multiple industries including healthcare, transportation, media, and manufacturing. In her most recent role, Kiley led the IFRS 16 implementation team for a global manufacturing company.

Rachel Reed

Shannon Matthews

Marketing Communications Manager at LeaseQuery

shannon.matthews@leasequery.com

Shannon Matthews is the marketing communications manager at LeaseQuery. Prior to LeaseQuery, Shannon has several years of experience in the B2B software industry including medical, ERP, CRM, supply chain, marketing, retail and accounting. She has spent the last decade of her career in marketing and public relations, working closely with subject matter experts to better understand the technology and industries she writes about.

CPE Webinar

Date & Time

Jan 25, 2022 – 1:00 PM ET

Course Information

COST FREE
CREDITS 1.00 hours
SUBJECT AREA Accounting
COURSE LEVEL Advanced
DELIVERY METHOD Online

Register for this webinar below.



SPONSOR STATEMENT

LeaseQuery 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@leasequery.com.

 

PROGRAM CANCELLATION POLICY

If a program is cancelled, LeaseQuery will notify registrants via the email address that they used to register for the program.