Top 5 Audit Risks for Lease Accounting Compliance
Avoid these top 5 audits risks for lease accounting compliance. As corporate accounting teams rush to implement policies and processes for ASC 842 and IFRS 16 lease accounting compliance, audit…
Lease Accounting Compliance – 3 Critical Steps for Success
As time runs out for public companies to report under the new ASC 842 and IFRS 16 lease accounting standards, CoStar defines a critical path for compliance success. By Matt…
New Rules for Accounting Go Beyond Real Estate Leases
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,…
Selecting Lease Accounting Software — What to Consider
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…
Fortune 25 Bank Secures New Lease Accounting Standard Compliance with CoStar
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,…
Fortune 100 Social Media Maverick Meets Lease Accounting Compliance with CoStar
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…
Asset-Level versus Portfolio-Level Lease Accounting
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…
Fortune 500 Flooring Manufacturer Covers Asset-Level Lease Accounting Needs
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…
Resolving Lease Accounting Compliance in the New Year
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…
1 Year Countdown: Time Running Out to Meet New ASC 842 Lease Accounting Requirements
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…