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Helping a Global Company Achieve ASC 842 Compliance Across 30-Plus Countries

Helping a Global Company Achieve ASC 842 Compliance Across 30-Plus Countries

A global industrial services provider needed help achieving ASC 842 compliance across 30-plus countries. We provided project leadership, technical accounting expertise, and software implementation support to streamline lease data and reporting. The result was sustainable compliance and a framework for future reporting needs.

Challenge

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. 

Solution

We delivered project leadership, technical accounting and software implementation support—including embedded lease guidance, data validation, policy documentation, software configuration, training and stakeholder communication. 

Outcome

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. 

Industry

Deployment

Services

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