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Lease Liabilities: A Balance Sheet Disruption You Can't Ignore

LEASE LIABILITIES: A BALANCE SHEET DISRUPTION YOU CAN'T IGNORE

Cost Free
Presentation Length 1.0 hour

Recorded DateMarch 24, 2020
CPE:Not available
(archived webinars do not offer CPE credits)
Subject AreaAccounting
Course LevelBasic
Course Description

In this live event, LeaseQuery’s lease accounting experts will walk through a comprehensive example of the new governmental lease standard in action.  A broad understanding of the new guidance is helpful, and knowledge of key terms is important. Successful implementation of the standard comes down to the proper application of the concepts.  This end-to-end example will begin with lease commencement and walk through subsequent journal entries for both lessees and lessors.


  • Understand the balance sheet impact of transitioning to new standards

  • Identify 6 key industries affected by lease accounting changes

  • Recognize lease accounting not as another compliance burden, but as an opportunity for further efficiency and streamlined processes

PLEASE NOTE: ARCHIVED WEBINARS DO NOT QUALIFY FOR CPE
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Kiley Arnold is an Accounting Manager at LeaseQuery and a CPA, certified in the state of Georgia.  She started her career as an auditor at Arthur Andersen.  From there she moved into a Senior Accountant role and later served as an Assistant Controller in companies across multiple industries including healthcare, transportation, media, and manufacturing. In her most recent role, Kiley led the IFRS 16 implementation team for a global manufacturing company.   

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Rachel Reed

LeaseQuery, LLC
Accounting Manager
rachel.reed@leasequery.com
(800) 880-7270

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Rachel Reed is a Technical Accounting Manager at LeaseQuery. Rachel's experience includes working in the audit practice at 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 degree and a Master's degree in Accounting.  

About Our Presenter

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LeaseQuery helps more than 10,000 accountants and other finance professionals eliminate lease accounting errors through its CPA-approved lease accounting software. It is the first lease accounting software built by accountants for accountants. By providing specialized consulting services in addition to its software solution, LeaseQuery facilitates compliance with the most comprehensive regulatory reform in 40 years for companies across all sectors. For more information about LeaseQuery, visit LeaseQuery.com.