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Lease Liabilities Index 2021 Update: What a Difference a Year Makes

LEASE LIABILITIES INDEX 2021 UPDATE: WHAT A DIFFERENCE A YEAR MAKES

Cost Free
Presentation Length 1.0 hour

Recorded DateMay 25, 2021
CPE:Not available
(archived webinars do not offer CPE credits)
Course LevelBasic
Course Description

In our annual analysis of more than 950 balance sheets, pre-and post-transition to ASC 842, IFRS 16, and GASB 87, LeaseQuery’s Lease Liabilities Index report indicates that the before and after impacts for the average company are solidifying. We will spotlight the lease accounting transition impact coupled with the global pandemic after-effects across 10 key sectors, including banking, energy, financial services, healthcare, higher education, logistics & transportation, manufacturing, professional services, restaurants, and retail.
 
Public companies and early adopters went through their transition during a period of relative calm. However, those who transitioned in 2020 or will finish implementation this year have the added challenge of managing this accounting change at the same time they work through the fallout of the pandemic, including resets to business strategy, long-term changes to customer behavior, and shifting employee expectations. 
 
During the webinar, we will provide an in-depth review of lease accounting challenges combined with the accelerated business transformations taking place across 10 essential industries.
 
Learning Objectives:


  • Compare and contrast the balance sheet changes from the 2019 transition to new

  • Identify valuable insights from SEC comment letters on lease accounting disclosures from public companies’ 2019 and 2020 filings

  • Give examples of the top 10 industries affected by lease accounting changes and the fallout from the global pandemic

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PLEASE NOTE: ARCHIVED WEBINARS DO NOT QUALIFY FOR CPE
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Kiley Arnold, CPA

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

Finquerylogo

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.  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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Shannon Matthews

FinQuery
Marketing Communications Manager
[email protected]
(800) 880-7270

Finquerylogo

Shannon is a dedicated Marketing Communications professional with 10 years of B2B marcomms experience, specifically in the technology space. Her technology background includes medical, ERP, supply chain, marketing automation, retail and accounting.

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.