Everything you need to know about ITGC
This blog covers the three main areas ITGC focuses on and explores how software like Nakisa can support ITGC implementation through features such as user roles, audit trails, and automated processes.
Lease Accounting
Explore latest insights, tips, and trends on lease accounting from Nakisa
4 Reasons Why Excel Isn’t a Long-Term Lease Accounting Solution
The post outlines 4 key reasons why using Microsoft Excel is not a viable long-term solution for lease accounting and compliance with IFRS 16/ASC 842 and recommends using specialized lease accounting software instead of Excel spreadsheets.
Nakisa Lease Administration: What’s New in 5.1
Looking back over the years, we’ve made many improvements to Nakisa Lease Administration. With our previous versions our primary goal was to meet IFRS 16 and ASC 842 compliance requirements, and help organizations including the Fortune 1000 level streamline their lease accounting processes and meet
GASB 87 Lease Accounting Standard: What Is New, What Are Exceptions, How Software Can Help
This blog explores the challenges government entities face in achieving GASB 87 compliance and highlights how specialized lease accounting software can streamline the process through automated calculations, centralized data management, robust reporting, and seamless integration capabilities.
Nakisa Lease Administration – The missing link in lease accounting software
Explore how Nakisa Lease Administration software addresses the gaps identified in a PwC study concerning missing functionalities in many lease accounting solutions. These include robust auditing, reporting, workflow management, ERP integration capabilities, and support for multiple accounting standards.
What’s the Difference Between Real Estate and Equipment Leases?
The blog outlines five key differences between real estate and equipment leases: dollar values, data decentralization, rent calculations, administration processes, and accounting nuances. It emphasizes the need for a comprehensive solution that seamlessly handles the complexities of both lease types.
Three Considersations for Lease Accounting in the Chemicals Industry
Explore three crucial considerations for companies in the chemicals industry when implementing the IFRS 16 and ASC 842 lease accounting standards, and learn how technology solutions can streamline accounting strategies and compliance efforts under these guidelines.
Transition Accounting: How to Transition to ASC 842 Using Nakisa Lease Administration
It’s 2019. And that means the new lease accounting standard ASC 842 has officially taken effect.
Nakisa Lease Administration: What’s new in 5.0?
I am first and foremost a technology geek and a product manager. I love using technology to solve complex problems. The last couple of years have been really special to me, I have had the chance to work on something amazing with our Lease Accounting
