Road to Lease Compliance – New FASB and IASB Lease Accounting Standards
A survey by PwC and CBRE found that 75% of organizations have yet to start implementing the new FASB and IASB lease accounting standards. It also determined that data collection and systems are among the biggest challenges organizations are facing, and a significant number of respondents plan to implement a new lease management system.
Will your current solution meet your future requirements?
Tango’s Road to Compliance webinar highlights the framework companies must follow to ensure they meet the FASB/IASB lease accounting standard deadline, including:
- Understanding policy and setting a strategy for your organization
- Inventorying all your leases and assessing your data requirements
- Reassessing your lease administration/management solution capabilities
- Reviewing and updating processing and controls
- How to institutionalize all changes to ensure they represent a permanent shift
Interested in learning more about Tango’s Lease Administration and Accounting Solution? Contact us.