Are You in Compliance? Transition to the New Lease Accounting Standard, ASC 842 – Built in NetSuite
Whether you have several or several hundred leases, transitioning to the new lease accounting standard may take longer than you think. Do you know your first step towards compliance?
Watch our interactive CPE workshop where we highlight 10 detailed steps your organization can take to transition, helpful resources to ensure your transition goes smoothly from start to finish, and the importance of utilizing a software to reduce time, resources and risk associated with implementation, and encourages integration with NetSuite Cloud ERP.
Key Topics Discussed:
- Identifying the necessary steps to successfully transition to the new standard
- Understanding the value and accounting benefits of using a solution built for NetSuite
- Learning specific calculations to perform to help ensure your lease portfolio is complete
- Exploring the various features available in lease accounting solutions and begin determining which are necessary for your organization
- Recognizing potential resources to help simplify the transition process and maintain compliance post-transition