6 Common Lease Accounting Mistakes and How to Solve Them
Now that IFRS 16 & ASC842 are in effect, many finance teams have found their lease accounting compliance efforts are overly complex and labor-intensive. But within this challenge lies an opportunity: by prioritizing best-in-class lease accounting compliance, finance teams can improve regulatory reporting at large.
In the short whitepaper, 6 Common Lease Accounting Mistakes and How to Solve Them, you’ll learn about the major roadblocks hindering compliance and how, by solving them, your team can improve all regulatory reporting processes.
What You’ll Learn:
- The downfall of using spreadsheets.
- Why compliance isn’t just a finance issue.
- The pitfalls of a “comply once, comply forever” mindset.
- How lease accounting is an opportunity to improve your bottom line.