If you haven’t yet adopted the new lease accounting standards, make sure you’re up to speed on preparation and compliance. The sooner you get started on implementation, the smoother the process is likely to be. There are challenges to be sure, but solutions exist to help surmount hurdles.
With added data requirements attached to lease reporting, the path to lease accounting compliance can appear difficult. Add in the impact of COVID-19 and managing day-to-day accounting issues and the thought of adopting a new standard may seem daunting.
Automated technologies, accounting expertise, and strong processes can help ease the burden.
Intense hours of manually filling out spreadsheet entries, once conducted outside core business systems, can now be simplified by software solutions and structured services – helping you implement process advances that make a heavy lift a lighter one.
10 observations for private companies’ lease accounting
How to prepare for the new lease accounting standards
Accounting for leases: ASC 842 – deferred but not forgotten
4 lease management steps that can lead to more cash
New lease accounting standard: Right-of-use (ROU) assets
Whether you’re in need of a single solution or comprehensive lease managed services, we’re here with tailored approaches for your specific lease accounting compliance needs.
Look for solutions
Crowe Lease Accounting Optimizer for NetSuite
Get an automated solution that’s built right into your existing NetSuite system to work seamlessly.
Explore our solution
Lease management software
Streamline your process with an integrated enteprise resource planning (ERP) solution built on the Microsoft Dynamics 365™ platform.
Lease accounting for public sector
Simplify your transition to Governmental Accounting Standards Board 87 standards for the public sector – and target inefficiencies at the same time.
We know this is a complicated topic.
To say that leasing standards are complex is an understatement. But we’re up to the task with the lease management experience needed to make your journey simpler.
We own proprietary solutions and tools.
We have developed solutions such as the Crowe Lease Accounting Optimizer to ease your compliance process.
We are here for you.
From planning to implementation to ongoing management, our people are accessible and present to listen and help you navigate the unique challenges you face.
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