Finance leaders who can effectively take on an advisory role, while leveraging technologies that help them quickly deliver meaningful data, will be best suited for a successful 2018. Workday customers, executives, and partners share their take on the biggest issues and trends impacting finance leaders this year.
With new lease accounting standards (ASC 842) set to take effect at the end of the year, corporate accounting teams are focused on getting ready for the transition, which won't be an easy one for many companies. In this interview, Robert Kugel, senior vice president and research director at Ventana Research, discusses the impact of the new lease standards, the challenges they create, and how finance should be thinking differently about compliance with these and future changes.
New lease accounting standards that go into effect starting in late 2018 could have a big impact on companies’ financial statements. Betsy Bland explains the rules and how corporate accounting teams can prepare.