STRATEGY
Develop a strategy to most efficiently and effectively
approach this change across your organization.
POLICY
Understand the implications and
impact of the new regulations.
INVENTORY
Locate and assess all lease contracts to
ensure they are classified properly.
DATA
Follow a strategic process to ensure
data completeness and quality.
SYSTEM
Ensure seamless compliance to the new accounting
standards by selecting the right system.
PROCESS
Identify, analyze and improve upon existing
business processes within your organization.
CONTROL
Assess current reporting and disclosure
practices and establish new controls.
SUSTAIN
Operationalize changes to ensure a permanent shift.
