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…
Lease Accounting and Lease Administration Teams: One Platform – Better Together
Lease Accounting requirements drove real estate and accounting together around shared data and processes. Leases change frequently. Lease Administration and…
What the ASC 842 Discount Rate Update Means for Non-Public Companies
The Financial Accounting Standards Board (FASB) recently issued an update to ASC 842 that addresses complexities associated with discount rate calculations affecting…
World-Class Lease Accounting Automation Saves Accountants Hundreds of Hours
Accounting teams pursuing the goal of continuous accounting already know that world-class lease accounting automation saves accountants hundreds of hours…
How Remeasurements for Lease Accounting are More Difficult than Initial Compliance
Companies that have adopted ASC 842 and IFRS 16 lease accounting rules have quickly realized that the go-forward operational needs…
7 Reasons Companies Choose CoStar – Your Best Partner for Lease Accounting
Lease Accounting, new in 2016, is now fundamental accounting infrastructure related to FASB and IFRS compliance that impacts the balance…
9 Things That Make CoStar Smooth Sailing for IT and InfoSec Teams
When choosing a supplier, it's critical to verify their track record, platform, information security, data ops, and SOC audit schedules…
7 Reasons ERP Platforms are a Bad Choice for Lease Accounting
Corporations have a lot invested in their ERPs, particularly in SAP and Oracle. All ERPs market a Lease Accounting “solution”…
FASB Improves ASC 842 Lease Accounting Guidance for Lessors
The Financial Accounting Standards Board (FASB) issued a lease accounting guidance update for lessors related to certain leases with variable…
9 Practical Deficiencies Driving Companies to Replace ASC 842 Software
No one wants to replace their ASC 842 software. Adoption of ASC 842 and IFRS 16 was challenging enough. No…