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Free cpe webinars
Ask the Accounting Expert Panel: Compliance & Beyond

ASK THE ACCOUNTING EXPERT PANEL: COMPLIANCE & BEYOND

Cost Free
Presentation Length 1.0 hour

Recorded DateJanuary 25, 2023
CPE:Not available
(archived webinars do not offer CPE credits)
Subject AreaAccounting
Course LevelBasic
Course Description

In this session, presenters from a variety of roles will come together to discuss the critical processes organizations need to consider for complete and accurate post-transition lease accounting. Panelists will explore the effects of adoption on an organization by sharing lessons they have learned and what advice they have for private companies adopting ASC 842. Finally, the participants will discuss different types of contract modifications that might impact the balance sheet and then identify how companies can leverage technology to maintain compliance for post-implementation success.
 
Learning Objectives: 


  • Identify what new processes will be needed to smoothly transition to the updated lease accounting requirements after implementation

  • Recognize the potential effects of adoption on critical business decisions and the resources available to aid in these decisions 

  • Evaluate the controls organizations must consider in order to promote compliance post-transition 

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PLEASE NOTE: ARCHIVED WEBINARS DO NOT QUALIFY FOR CPE
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Jason Parker, CPA

LeaseQuery, LLC
Accounting Solutions Manager
jason.parker@leasequery.com
(678) 492-5970

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Jason Parker is an Accounting Solutions Manager at LeaseQuery. Before joining LeaseQuery, Jason worked in the audit practice at KPMG, serving clients in both the public and private sectors in various industries. Jason obtained the "Double Dawg" status at the University of Georgia, receiving a bachelor’s degree and a Master’s degree in Accounting. He is an active Certified Public Accountant and a current member of the AICPA.

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Sarah O'Sullivan is a Director of Product at LeaseQuery. Sarah started her career in the audit practice at Deloitte and served in technical accounting and financial reporting roles for Fortune 500 companies in the manufacturing industry. Sarah managed the external reporting process in these roles and led implementation projects for new US GAAP compliance, including ASC 842. Sarah graduated from the University of Georgia with both a Bachelor's and Master's degree in Accounting and is a licensed CPA in Georgia.

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Lisa is the Director in Accounting Advisory Services Group at Grant Thornton’s. She leads the National Leasing Center of Excellence at Grant Thornton and serve as the primary technical consultant for all consulting engagements. 

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William Ryan is a Partner in the firm’s Private Client Services Group with over 15 years of experience in public accounting. Bill provides audit, assurance, tax, and consulting services for private clients with a focus on construction, real estate, engineering, and governmental contractors. Services include consulting on complex transactions, review of internal controls and process improvements, and direct industry-specific advisory services.

Bill leads engagement teams providing both assurance and tax services. He works closely with business owners to manage taxable income, improve processes and internal controls and increase profitability. Bill also has expertise in the specialized issues of privately held businesses, including tax planning, exit strategies, and inventory.

Bill’s construction experience includes utility contractors, paving companies, general contractors, subcontractors, and specialty trade contractors. He has also served as an executive board member for a New Jersey construction organization.

Bill has presented and written articles covering fraud, accounting for business owners, and tax credits

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.