Webinar

EY and LeaseAccelerator Global Lease Accounting Survey Results

Thursday 18 March 2021

11:00am ET | 10:00am CT | 8:00am PT | Duration: 1 Hour

CPE: 1 CPE credit
Register now

Attendees will learn:

Identify opportunities for organizations of all sizes to improve the leasing process
Share ways to eliminate cost and risk from lease accounting
Identify ways to use lease accounting as a catalyst to optimize your leasing process
Provide benchmarks for organizations to compare and identify improvements
Today’s options for managed services through partners like EY

Join EY and LeaseAccelerator to hear industry benchmark data on how global organizations are managing their leasing process, how they are addressing the compliance challenges across ASC 842 and IFRS 16, and what tools and processes they’re using to drive long-term compliance based on the results of the 2020 Global Lease Accounting Survey.

While lease accounting standards have been around for several years, results from the December 2020 Global Lease Accounting Survey conducted by EY and LeaseAccelerator make it clear that lease accounting integration and governance are not yet part of the core processes of most finance functions at US public, US private and IFRS-reporting organizations — even for those who have adopted the lease accounting standards. For example, although over half of respondents (51%) said they have more than 250 leases, the same percentage said they don’t have lease accounting fully integrated with their monthly close process.

By using the survey data as inspiration for process and team changes, companies can start to see improvements in their leasing programs. For those organizations who are just getting started with compliance, there are best practices here that can guide them. And for companies that have already implemented the leasing standards, this is a good time to reevaluate processes and make changes to optimize lease accounting.

Presenters

Stefan Pfeiffer
Partner, Financial Accounting Advisory Services,
Ernst & Young

Jason Larkin
Senior Manager – Americas Financial Accounting Advisory Services,
Ernst & Young

Michael Keeler
CEO and Founder,
LeaseAccelerator

Mike Lees
Chief Marketing Officer,
LeaseAccelerator

For CPE

CPE Credit: 1

Attendance Requirements: Attendees must answer at least 3 of the 4 interactive polling questions at different intervals during the webinar to earn credit.

Field of Study: Accounting
Prerequisites: None
Advanced Preparation: None
Program Level: Basic
Delivery Method: Group Internet Based

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