Prepare Your Team
For The New Standards
“We wanted a solution that was turnkey – a system that any staff member could use and manage.”
Chief Analytics Officer, Ruoff Home Mortgage
At LeaseQuery, we understand the constraints Executives face – you want to arm your team with the tools to record leases accurately, efficiently, and securely, while still maintaining full visibility into your expenses.
When determining whether to lease or buy an asset, you must consider how the new standards come into play when recording liabilities on the balance sheet.
When thinking about your internal controls and how they will be tested, you have to decide if Excel provides full support for them and if your data is secure enough.
When reporting leases under IFRS 16, ASC 842, or GASB 87, you must consider the impact on your financial statements and whether or not your solution will simplify your post-transition audit.
Your Guide to a Compliant Transition
Use this guide to help your team build a comprehensive lease inventory, set up a more efficient lease accounting process, and accurately transition your leases to the new standards.
Included in the guide:
- Tools to lead your team to a successful transition
- How to select the right transition team
- Tips and tricks to select the right lease accounting software
- Guidance on how to get the most out of your lease accounting solution before, during, and beyond transition
Fill out the form below to get the free guide.