CPAacademy.org | SPREADSHEETS NIGHTMARES: REAL-WORLD LEASE ACCOUNTING

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Spreadsheets Nightmares: Real-World Lease Accounting Horror Stories

Accounting

SPREADSHEETS NIGHTMARES: REAL-WORLD LEASE ACCOUNTING HORROR STORIES

This presentation is on the presenter's platform and is part of the FASB Lease Summit 2024

Cost Free

CPE Credits 1.0 hour

Subject Area 1.0 - Accounting

CE Credits 0.0 hours

Course Level Basic

Instructional Method Group Internet Based

Prerequisites None

Advanced Preparation None

Who Should Attend CFO / Controller
CPA - small firm
CPA - medium firm
CPA - large firm
Real Estate Professional

Course Description

Join us as we share spine-tingling tales of real-life clients’ and prospects’ spreadsheet disasters surrounding lease accounting compliance. Hear tales of costly errors, compliance nightmares, and hidden risks lurking within your spreadsheets. Discover how these seemingly innocent tools can become monsters that devour your time, resources, and peace of mind.

Learning Objectives:

Recall real-world horror stories of lease accounting gone wrong, and how to avoid becoming the next victim

Summarize the hidden risks and limitations of using spreadsheets for lease accounting

Identify how spreadsheet errors can lead to financial misstatements, compliance violations, and audit nightmares

Define the benefits of adopting dedicated lease accounting software to streamline your processes and mitigate risks

FASB Lease Summit: A Lease Accounting Horror Story in 3 Acts
This season, trade your tricks for treats and your spreadsheet nightmares for lease accounting ease. This course is part of the 3-webinar summit on October 20, 2024. View the other courses' details here: 1 - 2 pm ET: AVOID AN AUDIT HORROR SHOW: TRICKS AND TREATS FOR LEASE ACCOUNTING COMPLIANCE 2 - 3 pm ET: SPREADSHEETS NIGHTMARES: REAL-WORLD LEASE ACCOUNTING HORROR STORIES 3 - 4 pm ET: UNMASKING THE MYSTERIES OF DAY 2 LEASE ACCOUNTING

FASB Lease Summit: A Lease Accounting Horror Story in 3 Acts

This season, trade your tricks for treats and your spreadsheet nightmares for lease accounting ease. This course is part of the 3-webinar summit on October 20, 2024. View the other courses' details here:

1 - 2 pm ET: AVOID AN AUDIT HORROR SHOW: TRICKS AND TREATS FOR LEASE ACCOUNTING COMPLIANCE

2 - 3 pm ET: SPREADSHEETS NIGHTMARES: REAL-WORLD LEASE ACCOUNTING HORROR STORIES

3 - 4 pm ET: UNMASKING THE MYSTERIES OF DAY 2 LEASE ACCOUNTING

Rachel Reed

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

Rachel Reed is a Lead Senior Technical Accounting Consultant at FinQuery. Rachel’s experience includes working in the audit practice at Ernst & Young (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 and Master’s degree in Accounting.

Additional Materials

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About Our Presenter

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.