Automate Lease Procedures Inside Thomson Reuters Guided Assurance

Lease accounting is one of the most time-consuming, judgment-heavy areas in an audit, and it usually lives outside your workflow in a pile of spreadsheets. Jess Vento, Sr Director of Solutions Engineering, Education & Support at Crunchafi, and Stuart Cobbe, Head of Product for Audit at Thomson Reuters, show how ASC 842 lease procedures can be automated inside a PPC-based audit workflow, from source contract to audit-ready workpaper. A short technical segment walks through how it works, with outputs returning to Engagement Manager for review and signoff. All without changing how you audit. Live Q&A included. Learning objectives After attending this session, participants will be able to: • Describe how ASC 842 lease procedures can be automated within the Guided Assurance workflow, from source contract through workpaper. • Recognize how automated lease outputs, including amortization schedules, journal entries, and footnote disclosures, support audit evidence and signoff. • Recognize how automating lease procedures enhances a firm's established audit methodology without replacing it. • Describe how lease automation fits a firm's current audit approach without adding a separate tool or process.