Lease accounting compliance isn’t a one-and-done disclosure, it’s an entirely new approach to accounting and an ongoing process. To make ongoing operations, reporting and compliance sustainable, you need controls that…
The ISSB announced that businesses should start prioritizing climate-related disclosures, making sustainability a strategic imperative as businesses position themselves for the future.
Real estate and equipment is most likely your second budget line item and your highest operational overhead. You’re not alone! In fact, 45% of companies admit to having overpaid rent…
The adoption of the lease accounting standards brought leases into focus for finance teams – often for the first time. It was a massive lift for many organizations just to…
Join us for an insightful webinar as speakers from FORVIS and Visual Lease delve into the world of ESG assurance and its crucial role in ESG disclosures. We’ll explain the…
The changes in the regulatory landscape for carbon impact and sustainability reporting are only accelerating – both in the United States and globally – after the ISSB’s announcement of the…
The regulatory landscape for sustainability reporting is evolving quickly, with the introduction of IFRS S1 and S2, updates to ESRS, California’s SB 253 and endorsements from IOSCO – but do…
Year-end close can be a hectic time for finance and accounting teams. But there’s preparation you can do during the slow holiday months that will help you be efficient and…
90% of senior accounting and finance executives are looking to implement new sustainability goals over the next two to five years. But how can they do so when 70% of…
Don’t wait until it’s too late to get ahead of your lease accounting. Being well-prepared and equipped to handle lease accounting can save your company from common risks associated with…
The impact of your lease portfolio goes beyond just lease accounting. Having access to lease data can help you reduce the risk of overpayments and influence business decisions for more…
You picked your lease accounting software, now what? While some tech vendors disappear on their customers once a contract is signed, the Visual Lease team is committed to supporting you…
Lease accounting compliance isn’t a one-and-done disclosure; it’s an entirely new approach to accounting and an ongoing process. To sustain ongoing operations, reporting, and compliance, you need controls that address…
Internal controls are a vital part of ASC 842. They not only make ongoing compliance sustainable, but also reduce risk and associated costs. Most organizations have financial controls around their…
As leases and SBITAs evolve, how do you keep your contracts data up-to-date? If you’re having trouble ensuring accurate, reliable data now, trying to keep up with the complexities of…
With the transition period for the lease accounting standards now in the rearview, many organizations are now facing Day 2 challenges with lease remeasurements, and have identified gaps in their…
The International Sustainability Standards Board (ISSB) published its first two finalized standards. These standards aim to establish a global framework for comprehensive sustainability disclosures, with a specific emphasis on meeting…
With the adoption year in the rearview and audits being completed for many private companies, many companies have an enhanced visibility into their lease portfolio and are reevaluating their approach….
If you aren’t prepared for ASC 842 compliance, your business is at risk of failing an audit. Leases are incredibly complex and dynamic – and ASC 842 is not a…
There’s a lot of confusion regarding lease accounting. Who should be involved? How many resources are needed? What type of technology should be used? With all of that in mind,…
Prior to the new lease accounting requirements, many companies did not have a clear view into their lease obligations and options. But now that businesses are required to keep track…
Are you overpaying for your business’ leases? Manufacturing businesses often have hundreds – or thousands – of leases, including forklifts, machinery and real estate. Each lease contains complex terms that…
The regulatory landscape for sustainability reporting continues to evolve, both in the US and globally– with big implications for both public and private companies in the US. While the SEC’s…
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