Key Steps to the Lease Accounting Close

To comply with the new lease accounting standards, companies have had to put into practice new business enterprise procedures, new organizational constructions, and new information techniques. Most companies have muscled by means of the initially year of adoption applying a mix of brute pressure and large-priced consultants. On the other hand, these methods will not scale in excess of the lengthy phrase.

The complex accounting variations promulgated under the new standards are just a single element. Accountants will have to make major judgments to conform with the new lease accounting policies. Those judgments must be frequently re-evaluated and current as

Read More