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Course Description

Key Features & Functionalities to look for in Lease Accounting Software for Compliance & Internal Control: Because of enormous disruption in business and economy caused by a global pandemic, adoption of Lease standard ASC Topic 842 may be further delayed, But it may be best for private companies or private non-profits to go for voluntary adoption so that they can be future-ready. Complications involved in Lease Accounting and it's standard would require every such company or accounting firm that helps or advise clients to use specialized software for the same. 

This presentation will provide an overview of the key features and functionalities to look for when selecting a lease accounting software. We will discuss how companies can leverage technology to automate and overcome the complexities of transitioning and sustaining compliance. Learn how the right software can assist with journal entries for transition and month-end close, as well as assist with compiling information for accurate and efficient internal and external financial reporting. Finally, understand how technology can offer assistance with implementing appropriate internal controls.

  • How to use Technology Platform best to be compliant and also to automate.
  • Practical Implementation Matter Related to Systems, IT & Software.
  • Why early adoptions is advisable.

Learning objectives

  • To recognize what functionalities are needed for compliance
  • To identify features that support internal controls
  • To identify features that improve lease management
  • To Identify the correct software vendor

About Presenter

Justin Shemaria is an Accounting Manager at LeaseQuery. Prior to joining LeaseQuery, Justin worked in the audit practice at Deloitte and also worked in financial reporting at a publicly-traded fortune 500 company. Justin received his Bachelor’s and Master’s degree in Accounting from the University of Georgia. He is an active Certified Public Accountant and is a member of the AICPA. 

Founded by a fellow CPA, LeaseQuery provides lease accounting and lease management software that helps companies comply with lease accounting under current GAAP (Topic 840) as well as transition to the new lease accounting rules under Topic 842 and IFRS 16. Companies use LeaseQuery to provide monthly journal entries (including transition entries) for both capital and operating leases, provide newly required lease accounting disclosures under Topic 842 and IFRS 16, calculate straight-line amortization of rent and TI allowances, and provide commitment disclosure reports required in the notes and the MD&A. The software works for all types of leases; real estate, vehicles and equipment. It also handles cost centre/segment reporting and multi-currency functionality with transactional, functional and reporting currencies.

We help accountants eliminate lease accounting errors that could lead to material misstatements through our proprietary implementation process that ensures compliance with minimum disruption to your business. Our team is comprised of accountants specialized in lease accounting who will be with you every step of the way to achieve compliance.

LeaseQuery is built by accountants for accountants.

About Co-Presenter

Lisa Maguire

Director,LeaseQuery, LLC

lisa.maguire@leasequery.com

Lisa Maguire is the Director of Accounting at LeaseQuery. She has over 25 years of broad accounting and finance experience in the Atlanta area. Lisa has worked in public accounting and with corporations, both public and private. She recently served as the Project Director for the transition to the new lease accounting rules across Southern Company. Before the lease standard implementation, Lisa held a variety of accounting leadership roles during her 15 years at Southern Company. Prior to joining Southern Company, Lisa was the Vice President of Finance for Air2Web, where she led a broad range of corporate activities, the Controller and Chief Accounting Officer for Healthcare.com, and an Audit Manager at KPMG. She graduated from the University of Georgia with a BBA in Accounting and is a CPA.   


Founded by a fellow CPA, LeaseQuery provides lease accounting and lease management software that helps companies comply with lease accounting under current GAAP (Topic 840) as well as transition to the new lease accounting rules under Topic 842 and IFRS 16. Companies use LeaseQuery to provide monthly journal entries (including transition entries) for both capital and operating leases, provide newly required lease accounting disclosures under Topic 842 and IFRS 16, calculate straight-line amortization of rent and TI allowances, and provide commitment disclosure reports required in the notes and the MD&A. The software works for all types of leases; real estate, vehicles and equipment. It also handles cost centre/segment reporting and multi-currency functionality with transactional, functional and reporting currencies.

We help accountants eliminate lease accounting errors that could lead to material misstatements through our proprietary implementation process that ensures compliance with minimum disruption to your business. Our team is comprised of accountants specialized in lease accounting who will be with you every step of the way to achieve compliance.

LeaseQuery is built by accountants for accountants.

FAQ

  • To receive CPE credit for the event, you must register for the webcast prior to the start of each program.
  • CPE is available to all eligible participants within 24 hours of each webinar.

Refund/Cancellation Policy

For more information regarding refund, complaint and program cancellation policies, please contact our offices at 646-688-5128

In case any of the course or live webinars gets cancelled we would be refunding you the entire amount (if paid).

Reviews

4.3
(77)
45%
38%
14%
3%
0%
  • KF
    Karen Fisher , CPA
    Apr 28th 2020
    Very good
MH
Mark Hamilton , CPA
A great company to help implement GASB 87.
GP
GLORIA PRAMIK , Bookkeeper
EXCELLENT.
LB
Larry Bartlett
Very impressive knowledge of accounting for leases.....
LK
Leanna Krause , CPA
well organized
GMJ
G. Mark Johnson , CPA
Thanks!

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Executive Overview of Leases (Topic 842): Exploring Both the Accounting & Tax Implications
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Is It Deductible: Commonly Asked IRS Deductions
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MULTI-STATE PAYROLL/EMPLOYMENT COMPLIANCES SIMPLIFIED
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  • Cost FREE
  • CPE Credits 1
  • Subject Area Business Management and Organization
  • Course Level Basic
  • Instructional Method group internet based
  • Prerequisites None
  • Advanced Preparation None
  • Who should attend? Finance Pros Accountant CFO/Controller CPA - Mid Size Firm CPA - Large Firm CPA (Industry) Accounting Practice Owners Finance Director Senior Accountant VP Accounts Accounts Director VP Finance Cloud Accountants Chief Accounting Officer Compliance Officers Accounting Managers Compliance Managers
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upcoming Live CPE Webinars

QuickBooks: Progress Invoicing and Job Costing
Tuesday, May 26, 2020 | 09:00 AM EDT View Details/Register
Managing Ethical Dilemmas for Texas CPAs
Tuesday, May 26, 2020 | 10:00 AM EDT View Details/Register
TAXATION OF PONZI CLAWBACKS & TAX REFUND FROM PONZI
Tuesday, May 26, 2020 | 11:00 AM EDT View Details/Register
Executive Overview of Leases (Topic 842): Exploring Both the Accounting & Tax Implications
Tuesday, May 26, 2020 | 11:30 AM EDT View Details/Register
Excel Speed Loop: Systematically Improve Efficiency and Accuracy
Tuesday, May 26, 2020 | 12:00 PM EDT View Details/Register
CPA & Accountants: What you should know about Credit Card Surcharging & it's legality
Tuesday, May 26, 2020 | 01:00 PM EDT View Details/Register
Becoming a Cherished Advisor®:The Leadership and Communication Skills to Help You Thrive
Tuesday, May 26, 2020 | 02:00 PM EDT View Details/Register
REMOTELY MANAGE TEAM PRODUCTIVITY, EASILY TRACK BILLABLE TIME & EXPENSE THAT SEAMLESSLY INTEGRATES QUICKBOOKS DESKTOP & ONLINE
Tuesday, May 26, 2020 | 02:00 PM EDT View Details/Register
Is It Deductible: Commonly Asked IRS Deductions
Tuesday, May 26, 2020 | 04:00 PM EDT View Details/Register
Year end tax update : FCCA 2020 & SECURE ACT. (Latest 2019)
Wednesday, May 27, 2020 | 09:00 AM EDT View Details/Register
MULTI-STATE PAYROLL/EMPLOYMENT COMPLIANCES SIMPLIFIED
Wednesday, May 27, 2020 | 10:00 AM EDT View Details/Register
Overview of Loss Limitations, Family Office Partnership, Sale to Spousal Grantor Trust
Wednesday, May 27, 2020 | 10:00 AM EDT View Details/Register
Market-Based Sourcing for State Income Taxes
Wednesday, May 27, 2020 | 11:30 AM EDT View Details/Register
ACCOUNTANTS & CPA FIRMS - 4 STEPS TO GAIN, RETAIN & EXPAND HIGH VALUE CLIENTS
Wednesday, May 27, 2020 | 12:00 PM EDT View Details/Register
Defensive Practice, Quality Control, and Engagement Letters for CPAs
Wednesday, May 27, 2020 | 01:00 PM EDT View Details/Register