Top 3 common mistakes to avoid while managing lease accounting data
Thursday, 08 October 2020 / Published in Lease Accounting, Real Estate
Top 3 common mistakes to avoid while managing lease accounting data
Ensuring compliance with FASB ASC 842 and IFRS 16 the new lease accounting standards entails a lot of effort and processes. While most of the companies especially with extensive lease portfolio have increasingly chosen to implement software solution to streamline, manage and maintain lease data, there still remains data gaps. The new regulation places a
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how to select the right lease accounting services vendor or partner
Friday, 04 September 2020 / Published in Lease Accounting, Real Estate
What to look for when choosing a vendor for lease accounting services?
Achieving compliance on an ongoing basis with the new lease accounting standard ASC 842 presents unprecedented challenges for the companies. It not only demands a complete overhauling of the processes and systems but requires right approach, skill and data management capabilities. While the new lease accounting standard would help provide in-depth and complete view of
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