Using Excel for Lease Accounting: What to Watch Out for

A whiteboard discussion with LeaseQuery CEO George Azih

Are you thinking of using Microsoft Excel spreadsheets to perform the work necessary for compliance with the new lease accounting standards? If your organization has a large number of leases or contracts that may contain unidentified embedded leases, Excel may not be the best option. Watch this whiteboard discussion with LeaseQuery CEO, George Azih, to learn about the problems you could run into when relying on Excel spreadsheets to comply with IFRS 16 and FASB ASC 842.

Learn More:

Still thinking about using Excel for your lease accounting? Check out these additional resources:

• How to Calculate the Present Value of Minimum Lease Payments Using Excel
• How to Create a Lease Liability Amortization Schedule Under the New Lease Rules
• Why Lease Accounting in Excel Will Set You Up for Non-Compliance