How to Assemble Your Lease Portfolio
To begin your organization’s transition journey to the new lease accounting standard, ASC 842, compiling a lease inventory is one of the first steps – and one of the most time consuming and resource intensive parts of the transition. However, experience has shown our lease accounting experts that breaking the task up into smaller steps, the process becomes more manageable and easier to accomplish.
Join us as LeaseQuery’s presenters take you through detailed steps for building your lease inventory, sharing tips and tricks learned along the way. We will discuss from whom and when to obtain a lease listing, the importance of determining scope early in the process, how to determine underlying asset classes, why setting materiality is so important, and more to help aid the beginning stages of your transition process.
- Learn simple steps for building your lease inventory
- Identify which leases are in scope under the new lease accounting standards
- Explore next steps to develop a plan for your transition
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.
Rachel’s experience includes working in the audit practice at EY, where she served clients across a wide variety of industries in both the public and private sectors. As an Accounting Manager at LeaseQuery, Rachel guides potential clients through the benefits and functionalities of lease accounting technology. She is also dedicated to educating LeaseQuery’s customers on the new lease standards and supporting them through the implementation process.
Sarah O’Sullivan is a Director of Product at LeaseQuery. Sarah started her career in the audit practice at Deloitte and went on to serve in technical accounting and financial reporting roles for Fortune 500 companies in the manufacturing industry. In these roles, Sarah managed the external reporting process and led implementation projects for new US GAAP compliance, including ASC 842. Sarah graduated from the University of Georgia with both a Bachelor’s and Master’s degree in Accounting and is a licensed CPA in the state of Georgia.
Date & Time
Mar 29, 2022 – 1:00 PM ET
Register for this webinar below.
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.