Lease Accounting: Lessons Learned from the Auditor and Preparer Perspective

Whether you are an auditor or preparer of financial statements, there are key decisions to consider in order to successfully navigate the lease accounting implementation journey. In this session we will address how to motivate your client and create a roadmap, decide when a software solution makes sense, project management tools to consider, how to identify high risk audit areas, completeness testing, implications of policy elections, internal control and process considerations, and the importance of communications with major stakeholders.