Case Study
▪ 20,000+ real estate leases across multiple countries
and legal entities
– Daily need to process admin and accounting
updates to support business
▪ Company acquired in 2024
▪ Purchase accounting reflected in consolidated
financial statements, requiring:
– "Fresh start" accounting: all leases remeasured as
of acquisition date
– Discount rate evaluation
– Leasehold interest valuation
▪ Certain non-US legal entities require statutory
reporting under IFRS 16 under the legacy company's
basis of accounting
RSM | 15
