Our detailed checklist offers a clear process for reviewing new and existing leases to meet the ASC 842 Lease Accounting standard.
Categorized in: Financial Reporting & Accounting, Resources, Checklists
Resources
ASC 842 Review Template
Financial Systems
Improve Your BI Implementation Strategy with These Steps
Good data is a critical component for any business looking to grow and become more successful in the long term. One of the most common drains on an FP&A team’s time is wrestling with various data to extract the main drivers and actionable insights to improve decision making. Having the right systems in place will… View Article
September 14, 2021Ebrahim Allana
Financial Planning & Analysis
Crisis Management in Finance: The Importance of Flexibility
Some of the largest challenges that many of us have faced in our careers occurred during the COVID-19 pandemic. At the start of the pandemic, I was leading finance and accounting for a middle-market luxury home furnishings company, which experienced a quick drop in sales in late March and April of 2020. This instance of… View Article
September 1, 2021Bob Clark
Financial Planning & Analysis
Creating a Rolling Forecast Planning Environment: Changing Mindsets
Change is hard. When it comes to a business’s financial planning initiatives, that is never more evident. Annually, many companies, regardless of industry or size, still usurp three to six months of their internal resources’ time through the traditional compilation of an annual operating and capital expenditure budget. Often, by the time the final iteration… View Article
August 25, 2021Jo Ann Eilers