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Here are some highlights of what makes CoStar the smart choice for ASC 842 and IFRS 16 compliance.
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Intuitive software, automated reporting, in-house implementation services and support
Supports all types of real estate, equipment and other leased assets for both ASC 842 and IFRS 16 guidance
Cloud-based, low-cost deployment, unlimited system users, no expensive upgrades
CPA tested, industry-leading solution, track record of FASB and IASB compliance, 99% customer renewal rate
Enterprise security with annual SSAE 16 SOC 1 and SOC 2 audits, data encryption, backed by a stable public company
Effective controls and procedures for financial reporting meet Sarbanes-Oxley requirements
Data Consolidation for Lease Accounting Compliance highlights the benefits of centralized lease data, how to approach a consolidation project and more. Find more lease accounting whitepapers in our resources section.
“With CoStar, you can drive business results and meet the new lease accounting requirements. It’s clearly the best all-around choice.”
Matt Waters, CPA
Former Lease Accounting Manager with the Nation’s Largest Home Improvement Retailer