Course Description

In this session, lease accounting expert, Abdi Ali, will pinpoint critical signs your current lease accounting software fails to meet your organization's needs and guide you through recognizing the right moment to transition to an alternative solution. Our presenter will also discuss the lease accounting maintenance obligations under ASC 842 and highlight the key features and functionalities of software that offer significant value to your organization, extending beyond mere compliance.

Ali will outline the necessary steps for replacing your current lease accounting software and walk you through our specially designed checklist. The presentation will focus on simplifying the transition between lease accounting software providers and offer strategies to streamline the process. Whether you aim to move beyond Excel or adopt a system that enhances internal controls, boosts efficiency, and delivers cost-saving advantages, this webinar is tailored for you.

Learning Objectives

• Recognize the indicators your organization should consider upgrading its existing lease accounting system.
• Identify the key features and functionalities the ideal software should have to meet your organization's lease accounting requirements.
• Discover the necessary steps for a seamless transition between software platforms and the preparatory tasks to facilitate this change.

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.