Prepare Your Team
For The New Standards
“We wanted a solution that was turnkey – a system that any staff member could use and manage.”
George Kiproff
Chief Analytics Officer, Ruoff Home Mortgage
At LeaseQuery, we understand the constraints Executives face – you want to arm your team with the tools to record leases accurately, efficiently, and securely, while still maintaining full visibility into your expenses.
![How the new standards affect balance sheet liabilities](https://finquery.com/wp-content/uploads/2022/04/new-standards-and-the-balance-sheet.png)
When determining whether to lease or buy an asset, you must consider how the new standards come into play when recording liabilities on the balance sheet.
![Does Excel Provide Enough Support?](https://finquery.com/wp-content/uploads/2022/04/determine-if-excel-supports-your-portfolio.png)
When thinking about your internal controls and how they will be tested, you have to decide if Excel provides full support for them and if your data is secure enough.
![Impact on Financial Statements and will your post-transition audit be simplified?](https://finquery.com/wp-content/uploads/2022/04/post-transition-audit.png)
When reporting leases under IFRS 16, ASC 842, or GASB 87, you must consider the impact on your financial statements and whether or not your solution will simplify your post-transition audit.
Your Guide to a Compliant Transition
![ASC 842 & IFRS 16 Transition Guide](https://finquery.com/wp-content/uploads/2020/05/transition-guide-execs-1.png)
Use this guide to help your team build a comprehensive lease inventory, set up a more efficient lease accounting process, and accurately transition your leases to the new standards.
Included in the guide:
- Tools to lead your team to a successful transition
- How to select the right transition team
- Tips and tricks to select the right lease accounting software
- Guidance on how to get the most out of your lease accounting solution before, during, and beyond transition
Fill out the form below to get the free guide.