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Your Final Countdown to Audit Readiness
December 19, 2023 @ 1:00 pm – 2:00 pm EST
Free
1 CPE credit
Join LeaseQuery for a presentation focused on steps private companies (and their auditors) can take to prepare for a smooth and efficient audit of their lease accounting under ASC 842. We will discuss strategies for each phase of the audit cycle – planning, assessing risks, testing, and reporting. These planning efforts will help to reduce surprises later. With year-end rapidly approaching, taking steps now to understand the risks associated with lease accounting and identifying and establishing controls to mitigate those risks will promote a successful audit.
Learning Objectives
- Understand the importance of meeting with your auditors
- Recognize the principal risks and mitigating controls associated with lease accounting
- Review key lease accounting policies and confirm your accuracy
- Summarize the new lease accounting disclosures to ensure you have access to this information
Prerequisites
- None
Who Should Attend
Accounting and finance professionals with a medium-to-high volume of leases as well as accounting and consulting professionals who work with those clients.
Advanced Preparation
None
