Sage Fixed Assets and LeaseQuery: Best Practices for Lease Accounting Adoption
Course Description
With the deadline to transition to ASC 842 already here, private companies should not wait to begin their implementation or to develop a strategy to comply with the new standard.
During this webinar, presenters from LeaseQuery will review some of the key concepts from ASC 842 and common roadblocks companies may face during their transition. We will take a look at questions repeatedly asked throughout the adoption process including how to find embedded leases and how to determine the interest rate, as well as provide an overview of steps entities can take to complete their transition. Finally, we will examine what companies need to consider post-transition and walk through the policies and accounting processes your company can implement to be better prepared for lease accounting after adoption.
Learning Objectives
- Identify common challenges companies may face when transitioning to ASC 842
- Learn tips from companies who have already transitioned the best ways to find embedded leases and determine interest rates
- Walk through day 2 accounting and steps your company can take to prepare
Prerequisites
- None
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

Rachel Reed
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.
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Date & TimeJune 16, 2022 – 1:00 PM ET |
Course Information
COST | FREE |
CREDITS | 1.00 hours |
SUBJECT AREA | Accounting |
COURSE LEVEL | Basic |
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.