On January 1, 2019, IFRS 16 Leases comes into effect for public companies. With the new IFRS 16 and ASC 842 lease standards focusing on transparency of lease obligations on the balance sheet, there is a significant amount of lease data that must now be collected, calculated, reported and disclosed.
Mastering the complexities of the new lease-accounting standards is no easy task. You need the right systems and the right software to be operationally compliant. In this special report, Robert Kugel, SVP and research director at Ventana Research discusses the measures organizations need to take to comply and why.
You'll learn:
- What processs and data requirements departments and finance need to develop to comply with new lease standards.
- How to implement a controlled process for requesting, reviewing, and authorizing all leases.
- Why companies should collect and store lease related data in a single source.
Download the special report!
