How to Turn Lease Accounting Compliance into a Financial Opportunity
Webinar- On- Demand
The largest expense on an organization’s income statement, other than human resources and payroll, is often lease cost, which also requires careful accounting to comply with various standards, such as ASC 842, GASB 87, and IFRS 16. While complying with these lease accounting standards can be a complex and time-consuming undertaking, it also offers an opportunity to achieve cost-saving operational efficiencies. In this webinar, you will learn how to take advantage of this opportunity with a lease accounting and management approach that helps you comply with standards while better managing your lease portfolio. You will learn:
• How to seamlessly integrate lease data with your larger technology ecosystem
• How to enable effective collaboration between real estate, operations, procurement, and accounting teams for lease contract collection and data abstraction
• Best practices gleaned from existing public company lease accounting implementations
