Scaling Your Compliance Efforts with Automation
2:00 pm ET | 1:00 pm CT | 11:00 am PT
Earn 1.0 CPD credit for attending this event.
With the introduction of the new IFRS 16 lease accounting standards there is currently significant compliance risk associated with scaling, controlling and managing your lease program. Many companies who already adopted IFRS 16 did so with brute force effort dependent upon Excel spreadsheets, workarounds, and lots of staff. While organizations can survive with such an approach, it won’t scale over the long term.
During this webinar, Len Neuhaus, CPA and VP of Lease Accounting at LeaseAccelerator will share real-world perspectives, gained from over 30 years’ experience in various C-level roles and board of director positions at Global 1000 companies, on how to apply the IFRS 16 standard and leverage automation for effectively scaling and sustaining compliance.
Discussion topics will include:
- What operational changes/transformation are needed in order to maintain complete and accurate lease data every month, quarter, and year
- How automating your end-to-end lease accounting processes ensures completeness and accuracy of data, and minimizes risks of manual intervention
- Why transitioning to a long-term, automated compliance model for scaling the record-to-report process provides higher levels of governance and controls
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