Accounting Compliance

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

Nakisa Lease Administration R2 2020: What’s New?

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.

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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