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Visual Lease Announces 2023 VL Customer Excellence Award Winners

CPE Credit(s): 1 When FASB and IASB first announced the lease accounting standards ASC 842 and IFRS 16, respectively, companies scrambled to pull together their lease data and implement procedures and tools to generate the required disclosures. But as leases changed, many companies struggled to maintain compliance as they didn’t realize the complexity of managing leases, accounting for changes throughout the year, and the implications these requirements would have on cross-functional teams ou...