Why Lease Accounting Software Systems Fail
Adoption of ASC 842 was challenging enough. No company implemented new lease accounting software expecting to replace it just a…
Adoption of ASC 842 was challenging enough. No company implemented new lease accounting software expecting to replace it just a…
Defining Deferred Rent Deferred rent refers to the balance sheet account used primarily in legacy lease accounting standards (ASC 840…
For years, corporate accounting teams have been implementing policies and processes for ASC 842 and IFRS 16 lease accounting compliance.…
Accounting teams pursuing the goal of continuous accounting already understand that the more automation, the better. Why? Automation distributes workloads…
ASC 842 requires lessees to use the rate implicit in the lease agreement for the Net Present Value (NPV) calculations…
Accounting teams pursuing the goal of continuous accounting already know that world-class lease accounting automation saves accountants hundreds of hours…
These 10 best practices, supported by advanced lease accounting automation, can save accounting teams hundreds of hours. Functional automation, automated…
Companies that haven’t yet adopted ASC 842 must make some important choices for lease accounting data and policy as the…
Adoption of ASC 842 and IFRS 16 was challenging enough. No company implemented new lease accounting software expecting to replace…
Lease accounting ad hoc reports are made easy with CoStar. Unlike common types of accounting reports—such as roll forward and…