how to select the right lease accounting services vendor or partner
Friday, 04 September 2020 / Published in Lease Accounting, Real Estate
What to look for when choosing a vendor for lease accounting services?
Achieving compliance on an ongoing basis with the new lease accounting standard ASC 842 presents unprecedented challenges for the companies. It not only demands a complete overhauling of the processes and systems but requires right approach, skill and data management capabilities. While the new lease accounting standard would help provide in-depth and complete view of
Read more
Are you prepared to meet the new real estate lease accounting standards
Friday, 14 August 2020 / Published in Lease Accounting, Real Estate
Are you prepared to meet the new real estate lease accounting standards?
International Financial Reporting Standards (IFRS) 16 and Accounting Standards Codification (ASC) 842 – the new lease accounting standards have had a far reaching impact on business across industry sectors. Almost every company has some or other form of rentals/leasing, whether it is equipment, assets, or infrastructure. According to the new mandate every lessee is required
Read more
Monday, 25 May 2020 / Published in Lease Accounting, Real Estate
Top 3 benefits of outsourcing accounting services during pandemic
As coronavirus pandemic rattles businesses across sectors, it is continuing to deepen its toll on organizations while they struggle to manage business as usual. Small and medium size companies are dealing with unprecedented difficulties in the face of disrupted operations and cash flow, shortage of staff and continuous pressure to ensure employee health and safety.
Read more