Accounting Compliance

Explore latest insights, tips, and trends on accounting compliance (IFRS, ASC, Local GAAP, GASB, AASB) from Nakisa

How to meet accounting requirements for evergreen leases under IFRS 16 and ASC 842

Learn how to navigate the accounting requirements for evergreen leases (month-to-month leases) under IFRS 16 and ASC 842 to enhance compliance and efficiency....

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What leasing processes are best managed by a Center of Excellence (CoE)?

Learn more about the roles and levels of expertise needed in a CoE to support the processes in lease accounting and lease management....

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What is a leasing Center of Excellence (CoE), and should it be outsourced?

Learn more about the role of a Center of Excellence (CoE) in leasing and how to decide between having it external or in-house....

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Why multinational corporations need lease accounting software to navigate alternate and parallel currencies

Explore how enterprise lease accounting software can assist you in managing multi-currency contracts by tracking, calculating, and reconciling finances in real-time, especially amidst currency fluctuations....

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Nakisa Lease Administration Release 2023.R2: Maximum Usability for Lease Accounting

Find out how Nakisa’s new release streamlines lease accounting, including powerful support for non-standard calendars, multi-vendor support, and more....

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The right way to integrate finance software with SAP ECC or SAP S/4HANA (Part 2 of 2)

The blog covers the right way to integrate third-party finance software with SAP ECC or S/4HANA systems and explains how to leverage SAP's native integration technologies like APIs and RFCs to enable seamless data exchange, efficient lease management, and compliance with accounting standards....

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How to improve your medical equipment leasing strategy

We'll discuss how to optimize your medical leasing practices by leveraging a centralized lease accounting solution to manage compliance, scale operations, maximize contract terms, and integrate with ERP systems....

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Pharma companies leaning on leasing: avoid balance sheet shock

We'll discuss how pharmaceutical companies use equipment leasing to acquire assets while preserving cash and provide guidance on lease accounting compliance and contract management to avoid negative balance sheet impacts....

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Nakisa Lease Administration R2 2020: What’s New?

The R2 2020 release of Nakisa Lease Administration introduces the Intercompany Asset Transfer functionality, enabling users to easily transfer lease assets between companies without triggering asset disposal, thus maintaining compliance with lease accounting standards....

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Know Your Local GAAP: Accounting for Leases Under German GAAP Bilanzrechtsmodernisierungsgesetz BilMoG

Gain insights into the specific lease accounting guidelines under German GAAP, including the criteria for classifying leases as finance or operating leases, and the accounting treatment for finance leases from both the lessee's and lessor's perspectives....

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Understanding Fully Prepaid Leases

While their accounting may seem straightforward, fully prepaid leases pose unique operational considerations due to factors such as extension options and the absence of purchase or termination rights. This blog delves into the key aspects of these leases....

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