MYCPE ONE

ASC 842 & IFRS 16 Audit Readiness for Public Companies 1 Credit 1 Credit

ASC 842 & IFRS 16 Audit Readiness for Public Companies 1 Credit 1 Credit

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  • Access the course at your convenience
  • Take the assessment test
  • Get your certificate
  • Attend the live interactive session
  • Answer the polling questions
  • Get your certificate

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Learning Objectives

  • Identify key controls necessary for reliable ASC 842 audit preparation.
  • Validate lease inventory completeness using structured reviews and cross-checks.
  • Recognize required ASC 842 qualitative and quantitative disclosure elements.
  • Determine when lease accounting systems are superior to spreadsheet-based processes.
  • Apply best practices to avoid data errors and reduce audit delays.

Course Overview

ASC 842 and IFRS 16 continue to challenge public companies, especially during annual audits where incomplete data, weak controls, and inconsistent processes often lead to delays and costly rework. This CPE course provides a clear, practical roadmap for preparing accurate, audit-ready lease accounting under the latest standards.

Led by lease accounting expert, this webinar breaks down the most common issues auditors encounter—missing leases, spreadsheet errors, unsupported assumptions, inaccurate disclosures, and inadequate internal controls. Participants will learn precisely what auditors expect, how to validate lease data, and which controls must be in place to ensure a smooth and efficient audit cycle.

Major topics:

  • Audit Preparation Fundamentals
  • Lease Inventory Completeness
  • Disclosure Requirements Overview
  • Internal Controls & Validation
  • System vs Spreadsheet Challenges

Through real-world examples and step-by-step guidance, this course equips finance and accounting professionals with the tools, controls, and documentation practices required to achieve a streamlined, pain-free audit under ASC 842 and IFRS 16.

On Demand Credits for All Qualifications

Live Webinar Credits for All Qualifications

License details Credits Status
Auditing for Certified Public Accountants (CPA-US) 1 CPE Approved
Internal Auditing for Certified Internal Auditors (CIA) 1 CPE Eligible
Auditing for Certified Fraud Examiner (CFE) 1 CPE Eligible
Auditing for Certified Management Accountants (CMA) 1 CPE Eligible
Auditing for Chartered Global Management Accountants (CGMA) 1 CPE Eligible
Auditing for Certification in Risk Management Assurance (CRMA) 1 CPE Eligible
Auditing for Certified Financial Forensics (CFF) 1 CPD Eligible
Auditing for Certified Government Financial Manager (CGFM) 1 CPE Eligible
Auditing for Delaware Licensed Public Accountant (DE-LPA) 1 CPE Approved
Auditing for Internal Audit Practitioner (IAP) 1 CPE Eligible
Auditing for Certified Internal Controls Auditor (CICA) 1 CPE Eligible
Auditing for Qualification in Internal Audit Leadership (QIAL) 1 CPE Eligible
Auditing for Iowa Licensed Public Accountant (IA-LPA) 1 CPE Approved
Auditing for Maine Licensed Public Accountant (ME-LPA) 1 CPE Approved
Auditing for Certified Controls Specialist (CCS) 1 CPE Eligible
License details Credits Status
Auditing for Certified Public Accountants (CPA-US) 1 CPE Approved
Internal Auditing for Certified Internal Auditors (CIA) 1 CPE Eligible
Auditing for Certified Fraud Examiner (CFE) 1 CPE Eligible
Auditing for Certified Management Accountants (CMA) 1 CPE Eligible
Auditing for Chartered Global Management Accountants (CGMA) 1 CPE Eligible
Auditing for Certified Financial Forensics (CFF) 1 CPD Eligible
Chartered Financial Analyst (CFA) 1 PL Eligible
Auditing for Certified Government Financial Manager (CGFM) 1 CPE Eligible
Auditing for Delaware Licensed Public Accountant (DE-LPA) 1 CPE Approved
Auditing for Internal Audit Practitioner (IAP) 1 CPE Eligible
Financial accounting concepts for Certified FP&A Professional (FP&A) 1 CE Eligible
Auditing for Qualification in Internal Audit Leadership (QIAL) 1 CPE Eligible
Financial Accounting for Certified Business Appraiser (CBA)/Master Certified Business Appraiser (MCBA) 1 CPE Eligible
Auditing for Iowa Licensed Public Accountant (IA-LPA) 1 CPE Approved
Financial Planning for CIPM 1 PL Eligible
Auditing for Maine Licensed Public Accountant (ME-LPA) 1 CPE Approved

Additional Information

Credit

1

Credit

1

Course Level

Advanced

Instructional Method

QAS Self Study

Group Internet Based

Pre-requisites

None

Advance Preparation

None

NASBA APPROVED

MY-CPE LLC, 1600 Highway 6 south, suite 250, sugar land, TX, 77478

MY-CPE LLC 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: www.nasbaregistry.org.

Take charge of your career with MYCPE ONE’s online CPE courses designed for CIA professionals. Earn essential CIA CPE credits while expanding your expertise, all from the convenience of your schedule and location. Our courses dive into a variety of relevant topics, keeping you updated on the latest trends and developments in your field. With flexible scheduling and content led by industry experts, MYCPE ONE makes professional learning easy and impactful. Join us today to access powerful resources that help you grow and achieve your career goals. At MYCPE ONE, we’re here to be your trusted partner in success.

About Instructor

Carolina Hayward

Carolina Hayward

Marketing Campaign Specialist, Finquery LLC

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With a fulfilling corporate career behind me, I have chosen to channel my talents and knowledge into raising my daughter, where I can make the biggest impact at this stage of life. This decision reflects a deep commitment to family while cherishing the exhilarating experiences gained in professional environments. My passion for working, learning, and driving results remains strong, poised for future re-engagement when the timing aligns.


This transition underscores a balanced approach to personal and professional fulfillment, prioritizing home life without closing doors to corporate contributions ahead.

Rachel Reed

Rachel Reed

Compliance Manager, LeaseQuery, LLC

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My name is Rachel Reed, and I am one of the Technical Accounting Managers here at LeaseQuery. I started out my career as an auditor at Ernst & Young and come from an accounting background, as I have a Masters in Accounting from the University of Mississippi.

On Demand FAQs

What is Self Study (QAS)?

Self Study QAS (Quality Assurance Service) is a NASBA and other regulatory bodies approved program designed for Professionals to complete their Continuing Professional Education credits through self-paced, interactive courses that meet the highest standards of quality and compliance. Our courses qualify for credits with NASBA, IRS, CFP Board, HRCI, SHRM, Payroll Org, FP Canada, and 25+ other professional organizations.

How do I earn CPE credits through self-study?

To earn CPE credits, you must complete the self-study course, pass the required assessments, and submit the necessary documentation. Credits are awarded based on the completion of course hours and successfully passing the assessments.

Are the self-study courses accepted by NASBA and other professional organizations?

MY-CPE LLC courses are accepted for continuing education credit by various professional certification programs, including NASBA, IRS, CFP Board, and HRCI. MY-CPE LLC is also recognized by SHRM to offer Professional Development Credits (PDCs) for SHRM-CP® and SHRM-SCP® recertification activities.

What are the requirements to maintain compliance with self-study courses?

To maintain compliance, you must follow the guidelines set by NASBA and other regulatory bodies, which include completing the course within the specified timeframe, passing the assessments, and keeping accurate records of your learning activities.

How can I access my course completion certificates?

After successfully completing a self-study course and passing the assessments, you can access and download your course completion certificates from your account dashboard on our platform. These certificates are recognized by NASBA, IRS, CFP Board, HRCI, SHRM, Payroll Org, FP Canada, and 25+ other professional organizations for compliance and reporting purposes.

How are credits reported to governing bodies?

We issue instant credit certificates, ensuring they are valid for presentation to governing bodies. Typically, we report IRS, CTEC, CFP, IDFP, IWI, VBOA Ethics credits within 7 days – the fastest in the industry.

Live Webinar FAQs

What is a Live Webinar Group Internet-Based Credit?

A Live Webinar Group Internet-Based Credit is an interactive, real-time online seminar where professionals can earn Continuing Education credits by participating in live sessions led by experts in various fields. Our courses qualify for credits with NASBA, IRS, CFP Board, HRCI, SHRM, Payroll Org, FP Canada, and 25+ other professional organizations.

How do I earn credits through live webinars?

To earn credits, you must attend the entire live webinar, actively participate in any polls or questions, and complete any required evaluations or assessments. Credits are awarded based on your attendance and participation in the live session.

Are the live webinars accepted by NASBA and other Professional Organizations?

MY-CPE LLC courses are accepted for continuing education credit by various professional certification programs, including NASBA, IRS, CFP Board, and HRCI. MY-CPE LLC is also recognized by SHRM to offer Professional Development Credits (PDCs) for SHRM-CP® and SHRM-SCP® recertification activities.

What are the requirements to maintain compliance with live webinar courses?

To maintain compliance, you must adhere to the guidelines set by NASBA and other regulatory bodies, which include attending the full duration of the webinar, participating in interactive elements, and completing any post-webinar evaluations or assessments.

How can I access my webinar completion certificates?

After successfully attending a live webinar and fulfilling all participation requirements, you can access and download your completion certificates from your account dashboard on our platform. These certificates are accepted for compliance and reporting purposes with NASBA, IRS, CFP Board, HRCI, SHRM (for PDCs), Payroll Org, FP Canada, and 25+ other professional organizations.

How are credits reported to governing bodies?

We issue instant credit certificates, ensuring they are valid for presentation to governing bodies. Typically, we report IRS, CTEC, CFP, IDFP, IWI, VBOA Ethics credits within 7 days – the fastest in the industry.

Reviews and Ratings

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Average (9%)

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TD

Tish Dziuba, CPA (US)

4

Great refresher on how to prepare for quarterly reviews and annual audits

SJ

Shreyansh Jain, Others

4

good

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ASC 842

Inclusions

  • Multiple Credits

    Multiple Credits

    Earn continuing education credits with flexibility. Choose from live webinars, on-demand courses, e-books, or podcasts to fit your learning style and schedule.

  • Certifications & Reporting

    Certifications & Reporting

    We issue instant credit certificates, ensuring they are valid for presentation to governing bodies. Typically, we report IRS, CTEC, CFP, IDFP, IWI, VBOA Ethics credits within 7 days - fastest in the industry.

  • Credit Tracker

    Credit Tracker

    Track and manage your compliance across all 50 states and over 100 designations. Our Credit Tracker keeps your CPE credits and compliance requirements always up-to-date.

  • Certificate Vault

    Certificate Vault

    Certificate Vault to upload, manage, and access certificates earned from various sources and an integrated credit tracker, allowing users to monitor and manage their credits conveniently for compliance.

  • Compliance Reminders

    Compliance Reminders

    Stay current with our automated reminder system. Receive timely alerts for your CPE requirements, ensuring you never miss a deadline.

  • Mobile App Access

    Mobile App Access

    The MYCPE ONE Mobile App allows you to learn on the go, providing access to educational content on Android and Apple iOS devices. You can learn anytime and anywhere, making it convenient for busy schedules.

  • Live Support

    Live Support

    Our support team is available via live chat, email, and phone from 9 AM to 5 PM ET. We're here to help with any questions or issues, ensuring you have a seamless experience.

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