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Category: Scribcor

Explore best practices, industry updates and the latest news from Scribcor.

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Articles

Category: Scribcor

Explore best practices, industry updates and the latest news from Scribcor.

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Approximately 40 percent of private companies are behind schedule on implementing the new lease accounting standard or haven’t started getting ready yet, even though the...
Here's a look at issues companies will face in implementing the new lease accounting standard....
Execution involves the initial abstraction effort, addressing abstraction exceptions, data review and testing, and data delivery....
Whether it’s lease accounting standards compliance, effective and accurate commercial lease abstraction, or equipment lease abstraction, Scribcor Global does what it takes to let you...
During this step, we analyze document quality, address document exceptions, perform pilot abstraction, and finalize the abstraction standard....
In the discovery phase, we work to understand client needs, assess document quality, create a project plan, and develop the abstraction standard....
The abstract is a guide for the lease document, touching on important items, including the landlord and tenants’ information, rent information, term of lease, etc....
This is more true than ever with recent changes in FASB/IASB lease accounting standards. Scribcor Global’s team lives and breathes all aspects of lease administration,...
A well-executed lease abstract is accurate and up-to-date, with all important information summarized, so you can make wiser decisions when managing your interests....