The transition to the new lease accounting standards was a challenge for most finance teams, but for many, it didn’t stop with the initial disclosure. Maintaining an audit trail and data integrity as leases end, extend, or change has proved harder than expected for many organizations – particularly those with unique contracts, distributed teams, and large-scale portfolios.
In this webinar, the lease management and accounting expert at Visual Lease will discuss:
– Common issues companies run into in data integrity and audit preparation – and how to work around them
– Practical controls to consider integrating into your control environment
– Strategies to mitigate risk and future-proof compliance
– Opportunities to optimize workflows, spend, and environmental impact for your lease portfolio – and prepare for compliance requirements on the horizon.
As we navigate lease accounting post-transition, it is important to implement sustainable processes that have the ability to not only identify new leases and handle “Day 2” items but also allow your organization to leverage the data for strategic financial and operational outcomes. Join us!