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Real Asset Management (RAM), a provider of fixed asset management software, has launched its enhanced Lease4000 lease accounting software product that addresses the new standards issued by the Financial Accounting Standards Board (FASB) and International Accounting Standards Board (IASB)—ASC 842 and IFRS 16.
Both standards require lessees to bring almost all leases onto their balance sheets by the end of 2018.
The latest enhancements to Lease4000 help organizations consolidate existing lease data into a centralized register, making it easier for RAM’s customers to manage their overall lease exposure in compliance with FASB and IASB rules, including the new ASC 842 and IFRS 16 standards.
Read the CPAPracticeAdvisor.com story HERE.