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10 FASB / IFRS Lease Accounting Data Traps

Closing the data gap while making sure your lease data is accurate, complete and clean is the challenge.

Download 10 FASB/IFRS Lease Accounting Data Traps

 

Compliance with the new standard FASB ASC 842 and IFRS 16 lease accounting standards requires a wealth of quality data. There are 75 different data elements that businesses need to capture, and given that most organizations historically have not had a centralized database of all their leases, chances are that most have significant gaps in what they need.

 

In 10 FASB/IFRS Lease Accounting Data Traps we'll review some of the common data traps companies encounter along the road to lease compliance

 

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