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Post-Transition Lease Accounting and the Value of Purpose-Built Technology

POST-TRANSITION LEASE ACCOUNTING AND THE VALUE OF PURPOSE-BUILT TECHNOLOGY

Cost Free
Presentation Length 1.0 hour

Recorded DateMay 24, 2023
CPE:Not available
(archived webinars do not offer CPE credits)
Subject AreaAccounting
Course LevelBasic
Course Description

In this webinar, LeaseQuery’s lease accounting expert will review examples of various lease activities and outline the complexity of the new lease accounting standards beyond initial adoption. Examples will cover the required steps and calculations to account for common transactions, including lease amendments, partial terminations, evaluating for impairment, and accounting for lease abandonments.

In addition, attendees will learn how purpose-built technology can provide worthwhile controls, as well as automate these complex accounting requirements to help organizations more effectively maintain compliance over the long term. 

Learning Objective: 


  • Recognize how to determine whether a lease modification results in the accounting for a separate contract, as well as the resulting requirements 

  • Distinguish between a traditional lease amendment and a partial termination and learn the unique calculation methods required for each 

  • Identify the key differences between evaluating for impairment versus recognizing an asset abandonment

  • Give examples of how purpose-built technology creates a more effective method of maintaining compliance

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PLEASE NOTE: ARCHIVED WEBINARS DO NOT QUALIFY FOR CPE
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Shaniece White

FinQuery
Technical Accounting Manager
[email protected]
(800) 880-7270

Finquerylogo

Shaniece is the Technical Accounting Manager, with an emphasis on lease accounting, at LeaseQuery.  She has prior experience in customer support and was a former KPMG auditor. She received her Bachelor’s and Master’s degrees in accounting from Georgia State University.

About Our Presenter

Finquerylogo
FinQuery, formerly LeaseQuery, empowers 36,000+ professionals to optimize decisions in their top spending areas—leases, software subscriptions, and financial contracts—setting them apart in the market. Their award-winning AI-driven software minimizes risk, boosts efficiency, and cuts costs. Explore FinQuery’s Platform for contract and spend intelligence, including solutions for contract management, specialized accounting ensuring compliance with ASC 842, IFRS 16, GASB 87 and GASB 96, and software management.