Sage Fixed Assets and LeaseQuery: How to Assemble Your Lease Portfolio

Course Description

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.
 

Learning Objectives

  • 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

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

Wesley Williams

Wesley Williams

Accounting Manager at LeaseQuery

wesley.williams@leasequery.com

Wesley Williams is an Accounting Manager at LeaseQuery. Wesley has external audit experience working for KPMG in their audit practice, where he served clients across many different industries both public and private.

CPE Webinar

Date & Time

May 26, 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.