Webinar Details
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.
Learning Objectives
- Identify the importance and advantage of ongoing lease and policy reviews
- Recognize how to summarize the steps, calculations, and journal entries to record various lease changes and transactions
- Discover how to timely recognize lease portfolio changes and rectify mistakes
- Identify how to determine the steps to evaluate leases for impairment and apply accounting treatment
Prerequisites
- None
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 types of clients.
Advanced Preparation
None
Presenter Details
-
Rachel Reed
- Sr. Technical Accounting Consultant, Team Lead
Rachel Reed is a Lead Senior Technical Accounting Consultant at FinQuery. Rachel's experience includes working in the audit practice at Ernst & Young (EY), where she served clients across a wide variety of industries in both the public and private sectors. Rachel graduated from the University of Mississippi (Ole Miss) with both a Bachelor's and Master's degree in Accounting.
NASBA Sponsor
-
Encoursa 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.
Date & Time
CPE
-
Webinars: CPE certificates will be accessible through your dashboard 1 hour after a webinar concludes.
Self-Study: CPE certificates will be accessible through your dashboard immediately after passing the qualified assessment.
For specific instructions on accessing your CPE, please see our FAQ section on our support page.
- Multiple Attendees on Webinars: Each attendee should register separately for the webinar. If more than 1 attendee participated from the same device, please contact us after the event to let us know. For group signups for paid events, please contact us.