VIDEO:

Meet Your New Balance Sheet

With the new lease accounting standards – ASC 842, IFRS 16, and GASB 87 – trillions of dollars of equipment and real estate leases are moving onto corporate balance sheets. Getting the leases onto the balance sheet is hard, but keeping the accounting up to date will be even harder. You will need a bulletproof process to keep track of all the the changes to your lease portfolio to keep it accurate and complete for successful audits.