Many real estate leaders are just starting to ask questions about new lease accounting planning, data consolidation, budgeting, disclosure requirements and selecting new technology for compliance. Originally Published February 27,…
Hidden costs, ERP integration experience and rapid deployment capability are just a few of the essential considerations for selecting lease accounting software for ASC 842 and IFRS 16 compliance. Originally…
CoStar helped this global organization consolidate lease liability data, upgrade management systems and securely implement an ASC 842 and IFRS 16 compliance solution. The Client Holding $2.5 trillion in assets,…
CoStar’s enabled this global organization to retain investments in legacy lease management systems, avoid expensive upgrades and rapidly implement ASC 842 and IFRS 16 compliance solutions. The Client This social…
Which approach is best for ASC 842 and IFRS 16 compliance? The new lease accounting guidance from both the FASB and IASB focuses on asset-level lease accounting, where debits and…
In 2010, CoStar consolidated more than 5,000 real estate and equipment leases into a single software solution to perform asset level lease accounting for this leading manufacturer and retailer of…
As the deadline for the new lease accounting standard looms, a recent survey estimates that up to 75% of organizations either haven’t started on lease accounting compliance or are still…
After December 15, 2018, public companies must comply with one of the most significant changes to financial reporting in 40 years. After a decade of discussion, the Financial Accounting Standards…
How to Approach Staff Accounting Bulletin No. 74 (SAB 74) Companies are currently in various stages of preparation to adopt the FASB guidance, with very few deciding to early adopt. …
How much should companies expect ASC 842 and IFRS 16 compliance to cost? When the FASB and IASB issued new lease accounting guidance in early 2016, companies immediately recognized that…