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Day 2 Accounting: Policies, Procedures, and Internal Controls

DAY 2 ACCOUNTING: POLICIES, PROCEDURES, AND INTERNAL CONTROLS

Cost Free
Presentation Length 1.0 hour

Recorded DateMarch 14, 2023
CPE:Not available
(archived webinars do not offer CPE credits)
Subject AreaAccounting
Course LevelBasic
Course Description

Join LeaseQuery as we review the policies, procedures, and internal controls for organizations to consider incorporating for lease accounting post-transition to ASC 842. Throughout the presentation, we will explore the various departments involved with your ongoing lease accounting and the roles each of those departments fulfills. Real-life application of policies, procedures, and internal controls for common lease transactions and month-end close will also be presented. We will wrap up by reviewing considerations for ongoing lease accounting compliance, including lease accounting training and solution maintenance. 

Learning Objectives: 


  • Recognize the importance of establishing a team and processes to support lease accounting post-transition 

  • Give examples of processes to follow when accounting for a new lease under ASC 842 

  • List lease accounting considerations to evaluate for an effective month-end close and what ongoing training may be required 

  • Identify steps to take to maintain the completeness and accuracy of your chosen lease accounting solution

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PLEASE NOTE: ARCHIVED WEBINARS DO NOT QUALIFY FOR CPE
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Alaina Wagner

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

Finquerylogo

Alaina joined LeaseQuery after working in corporate accounting, where she led the adoption of ASC 842. Alaina holds a Bachelor’s degree in Accounting from Kennesaw State University and a Master’s degree in Accounting from Auburn 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.