When FASB and IASB first announced the lease accounting standards ASC 842 and IFRS 16, respectively, companies scrambled to pull together their lease data and implement procedures and tools to generate the required disclosures.
But as leases changed, many companies struggled to maintain compliance as they didn’t realize the complexity of managing leases, accounting for changes throughout the year, and the implications these requirements would have on cross-functional teams outside accounting.
In this webinar, you will learn:
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The common roadblocks to sustainable – and auditable – lease accounting compliance
The ongoing changes companies must account for
The impact of day 2 requirements on cross-functional teams
The critical role of technology in streamlining workflows and maintaining compliance
One company’s journey to sustainable compliance.
On-demand webinar:
Sustainable Lease
Accounting:
Maintaining Compliance
Through Day 2 and Beyond
Sponsored by Compliance Week
Meet the presenters:
Joe Fitzgerald, SVP, Lease Market Strategy, Visual Lease
Rosemary Courtney, Senior Technical Accountant, Product, Visual Lease
More than 700 companies trust Visual Lease with their
lease portfolio. And 98% renew their contract every year.
