Get detailed lease accounting research with insights from US public, private and international companies, including:
Learn how organizations are using lease accounting to eliminate cost and risk.
While the latest lease accounting standards have been around for several years, results from the 2021 Global Lease Accounting Survey – Opportunities to Optimize conducted by Ernst & Young Global Limited (EY) and EZLease make it clear that there are improvements in the lease accounting and administration processes, technology and people for those who have implemented the new standards as well as those that are preparing to do so.
These gaps and others drive audit challenges and make it more difficult for organizations to realize the cash flow benefits and Return on investment (ROI) they expected from their investments in lease administration and accounting systems and processes. This report includes guidelines for organizations at all stages of adoption, with recommendations for leading practices to make lease accounting more efficient, delivering increased ROI and long-term compliance.