During this presentation, LeaseQuery’s lease accounting experts will explain the accounting options for lease concessions granted due to COVID-19. We will introduce the new relief provisions offered by the FASB for efficient lease accounting during this unprecedented time and walk through several examples of how to apply. Also included in the discussion will be modification and termination lease accounting treatments for arrangements that do not qualify for the relief provisions or companies that elect not to use them.
Learning Objectives:
FinQuery
Accounting Manager
[email protected]
(800) 880-7270
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.
FinQuery
Technical Accounting Manager
[email protected]
(800) 880-7270
Amanda Payne is a Technical Accounting Manager at LeaseQuery. She began her career at Ernst & Young (EY) in assurance services working with clients in the public, private, and nonprofit sectors. There she was responsible for planning and performing audit procedures, collecting and organizing ongoing support from client management, and leading and presenting to client management and assurance teams in the Americas, India, and Egypt. Amanda earned a bachelor’s degree in Accounting with a Specialization in Professional Accounting from the University of Alabama and a master’s degree in Accounting from Troy University.