In this webinar, LeaseQuery's lease accounting experts will discuss the GASB 87 lease accounting pronouncement background. Next, they will review how to determine what type of agreements are in scope. LeaseQuery will then walk through a comprehensive example of the new government lease standard in action, beginning with determining lease commencement and identifying key dates. Additional steps include calculating the lease asset and lease liability and establishing which interest rates are appropriate. Finally, LeaseQuery's presenters will end the webinar by demonstrating how to create the initial and subsequent journal entries for both lessees and lessors.
Learning Objectives:
FinQuery
Senior Alliance Manager
[email protected]
(678) 492-5970
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.
FinQuery
Technical Accounting Manager
[email protected]
(800) 880-7270
Rachel Reed is a Technical Accounting Manager at LeaseQuery. Rachel's experience includes working in the audit practice at EY, where she served clients across various industries in both the public and private sectors. Rachel graduated from the University of Mississippi (Ole Miss) with a Bachelor's degree and a Master's degree in Accounting.