by Controllers Council | Feb 28, 2023 | Audit, Sponsor News
Lease audit procedures are necessary for an efficient, successful audit. At their core, lease audit procedures ensure your organization has controlled processes in place to support its financial reports. Having such procedures enable auditors to get their job done...
by Controllers Council | Feb 22, 2023 | Finance, Sponsor News
When considering the financial impact of your lease portfolio, there are five questions to keep in mind. Detailed below, answering these questions can help you better understand: Your readiness for sustained lease accounting compliance How to reduce risks within your...
by Controllers Council | Feb 14, 2023 | Accounting, Sponsor News
Today, many organizations lack control over their leases, which increases the risk of making costly errors, such as overpaying or missing a date for termination or renewal. (90% of senior Real Estate Executives do not believe they have access to the data they need to...
by Controllers Council | Feb 7, 2023 | Accounting, Sponsor News
Without a firm grip on your leases, you will likely have trouble sustaining accurate lease data. This puts your business at risk of misreporting company lease information to comply with ASC 842, which can lead to increased audit fees and fines, legal action and more. ...
