In this session, FinQuery lease accounting expert Rachel Reed will introduce the core requirements of the amended FRS 102 standard. Rachel will guide you through the essential considerations for adoption and walk through a comprehensive transition example – from initial implementation to the final amortisation schedules and journal entries. To conclude, she will explore how leveraging a software solution can simplify compliance and streamline your transition process.

FinQuery, formerly LeaseQuery, is an intelligent sub-ledger that simplifies lease accounting compliance (IFRS 16, FRS 102) and automates prepaid and accrual accounting. Built by accountants for accountants, our AI-enabled SaaS platform empowers 40,000+ professionals by abstracting source documents – such as leases, contracts, and invoices – into a complete system of record. 
FinQuery integrates with and complements your ERP, simplifying complex accounting, accelerating the month-end close, streamlining the audit, and enhancing internal controls.

• Accountants and finance professionals involved with lease accounting compliance under FRS 102 in the UK and the Republic of Ireland

• Taylor GuthrieTechnical Accounting Consultant, FinQueryTaylor Guthrie is an Accounting Manager at FinQuery. Before FinQuery, Taylor earned a degree in accounting from Lynchburg College, Virginia, and then moved to a public auditor role at Brown Edwards. As a former audit senior, he assisted in the audits of various entities in various niches. This background includes implementation and maintenance of US accounting standards. Today, Taylor helps FinQuery's customers understand and implement the new lease standards and navigate the intricacies of the software.