Accounting Compliance and Implementation
Manage compliance with leasing accounting rules, and seize the opportunities created by them, with The Alta Group. Our worldwide capabilities uniquely position Alta to help you address new rules proposed by both the FASB and the International Accounting Standards Board.
The proposed rules will have a profound effect on lessors’ business activities, financial statement presentation, financial metrics, internal controls, and lease accounting systems. Lessors will need to revamp risk and asset management strategies, accounting processes, corporate governance, and marketing and sales approaches to continue creating value for their customers.
As a result of the proposed rules, lessees will have to rethink decisions about how to finance their equipment.
Alta’s Accounting Compliance and Implementation experts, backed by our full team of management consultants, can help you:
- Understand new lease accounting rules
- Redesign customer strategies
- Develop appropriate business processes
- Maximize revenue recognition
- Assess and implement needed system changes
