Spreadsheets, while popular among accountants, pose significant risks, especially with new lease accounting standards. They’re error-prone, lack control features, and create uncertainties in output usage, falling short for the future.  With the new standard mandating lease amounts on balance sheets, companies require solutions offering better internal controls and documentation, not just for initial implementation but also for ongoing maintenance. In this eBook, we will highlight the risks of using spreadsheets to implement the new lease standard and discuss why using software results in less risk and a faster overall accounting and audit process.

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