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Road to Compliance: Guide to Comply with FASB ASC 842

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04. DATA Follow a strategic process to ensure data completeness and quality. " " We've learned that for the more complicated lease contracts, you can need up to 75 different data points just to determine how to account for your lease. Multiply that by 1,000 or 2,000 leases, and that amount of data is not going to work on spreadsheets anymore. Derek Bradfield, Partner, Deloitte

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