The modern CFO is under pressure to align systems, drive financial integrity and deliver cost savings fast. SolomonEdwards helps finance teams navigate these challenges with precision, combining strategic advisory, technical insight and executional support to streamline operations, strengthen compliance and drive measurable results.
Financial institutions face rising regulatory scrutiny, evolving tech demands and constant pressure to manage risk—all while modernizing at speed. SolomonEdwards helps you meet these challenges head-on. Our advisory, operational and technical experts are former regulators and industry veterans who work as an extension of your team to strengthen compliance, modernize operations and move critical initiatives forward with precision and confidence.
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Home / Helping a Global Company Achieve ASC 842 Compliance Across 30-Plus Countries
A multinational industrial services provider lacked the internal expertise and capacity to implement ASC 842 lease accounting standards, with operations in 30-plus countries and decentralized data spread across disparate systems.
We delivered project leadership, technical accounting and software implementation support—including embedded lease guidance, data validation, policy documentation, software configuration, training and stakeholder communication.
We streamlined lease data across 90-plus contracts, enabled timely SEC reporting, and ensured long-term compliance with ASC 842. Our tools and templates gave the client a sustainable lease accounting solution supported by cost-effective software.