In this session, our lease accounting experts will outline the quantitative and qualitative disclosures required under each of the new lease accounting standards from the FASB, IASB, and GASB. Our explanations will include detailed descriptions of the disclosures and related calculations and highlight the differences and similarities with the legacy accounting standards. The second part of the presentation will discuss the accounting for asset impairments under the new standards, emphasizing the impact of COVID-19 on year-end impairment analysis.
Learning Objectives:
FinQuery
Technical Accounting Consultant
[email protected]
(800) 880-7270
Abdi Ali is an Accounting Manager at FinQuery. A former Grant Thornton audit associate, Abdi helps FinQuery’s customers understand and implement the new lease standards. While at Grant Thornton, he assisted in the audits of various publicly traded and privately held clients. He also has experience as a general ledger accountant. Prior to FinQuery, Abdi earned a Bachelor’s degree in Accounting followed by a Master’s degree in Professional Accountancy from Georgia State University’s Robinson College of Business.
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
Accounting Manager
[email protected]
(800) 880-7270
Wesley Williams is an Accounting Manager at LeaseQuery. Wesley has external audit experience working for KPMG in their audit practice, where he served clients across many different industries both public and private. Wesley graduated from Kennesaw State University with both a Bachelor's and Master's degree in Accounting.