At the end of 2020, LeaseQuery conducted a survey of 400 accounting and financial executives on the lease impacts from COVID-19. They found that 31% are reducing their overall real estate footprint now, and another 22% expect their lease portfolio will be smaller next year. Cost optimization, flexibility, and liquidity are now the key goals driving companies’ plans to rightsize and renegotiate their real estate and leasing footprint in 2021.
Join the LeaseQuery team as they explore the data and details from the recent report, The COVID-19 Lease Impact Report: How Companies are Navigating Lease Accounting’s New Normal.
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.
Shannon is a dedicated Marketing Communications professional with 10 years of B2B marcomms experience, specifically in the technology space. Her technology background includes medical, ERP, supply chain, marketing automation, retail and accounting.
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LeaseQuery helps more than 10,000 accountants and other finance professionals eliminate lease accounting errors through its CPA-approved lease accounting software. It is the first lease accounting software built by accountants for accountants. By providing specialized consulting services in addition to its software solution, LeaseQuery facilitates compliance with the most comprehensive regulatory reform in 40 years for companies across all sectors. For more information about LeaseQuery, visit LeaseQuery.com.