The new lease accounting "business flow" design guide with sample flows.
Explanation of the three steps of "business flow design" to involve the field and create "business that rotates
The biggest hurdle in the transition to the new lease accounting standards is not only a simple "change in calculation method," but also the need to comprehensively collect and identify contract information that has been left to the field, and to reconstruct the reporting flow. This document summarizes in three steps the design techniques for transforming compliance with the new standards into a "turn-around operation" while involving the field.
What you will find in this document
- Points to improve the comprehensiveness of contract collection
- How to select the best "workflow" for your company
- HUE's Selectable Solutions for New Lease Accounting