Evaluating the best approach for complying with FRS 102, IFRS 16 or ASC 842
Download this guide to explore the pros and cons of using spreadsheet applications for FRS 102, IFRS 16, or FASB ASC 842 compliance.
Key considerations for optimising compliance
Spreadsheets are undoubtedly versatile business tools, effective for internal reporting, budgeting, and data modeling. However, their suitability for supporting complex, business-critical tasks like lease accounting compliance is questionable.
Understanding the full scope and implications of FRS 102, IFRS 16, and FASB ASC 842 is crucial for maintaining accurate and efficient lease accounting practices. While spreadsheets are familiar, they may not always be the best choice for managing the complexities of these standards. Transitioning to and maintaining compliance with these lease standards using spreadsheets can present significant challenges.
What you'll learn in this guide:
This guide explores the pros and cons of using spreadsheet applications for FRS 102, IFRS 16, or FASB ASC 842 compliance. It also evaluates how spreadsheets compare to purpose-built lease accounting software.
Download the guide for insights on:
- Spreadsheet Lease Accounting - Pros and Cons
- Excel vs. Lease Accounting Software Comparison
- Where to Place Your Confidence When Choosing the Tools for Implementation and Compliance
Download the guide now to make your lease accounting processes more efficient and compliant.