Board Lease Accounting enables companies to produce both IFRS 16 and ASC 842 compliant lease accounts with ease, providing an integrated check-list that allows users to easily and rapidly understand contract applicability for both standards.
Capable of managing large volumes of data, Board Lease Accounting simplifies the processes of journal calculation, currency conversion, and integration, ensuring accuracy and completeness of data. It also empowers users in their decision-making through the simulation of different scenarios, allowing them to evaluate against journals and validate the most suitable option before posting it into the financial statements.
Download the full brochure to understand how Board Lease Accounting can enable easy IFRS 16 and ASC 842 compliance through:
- Data Integration and Easy Set-Up
- Complete Process and User Control
- Contract Lease Management
- Flexible Modeling
- Disclosure and Reporting