Navigating today’s lease accounting standards can be complex and challenging, with significant impacts on your financial statements. Achieving compliance requires careful attention to technical accounting guidelines, process controls, tax implications, technology adoption, and lease data management. At Blythe Global Advisors, we recognize that each organization’s path to compliance is unique and requires a tailored approach.
Whether you’re implementing lease standards for the first time or undergoing an audit, Blythe Global Advisors offers a full range of services to help your organization navigate the intricacies of lease accounting, from initial adoption to ongoing maintenance and financial reporting.
BGA’s LeaseDashBoard: Your Turnkey Lease Accounting Solution
LeaseDashBoard is a one-stop, turnkey service designed to simplify lease accounting under ASC 842 and IFRS 16. With LeaseDashBoard, your business can convert complex lease data into audit-ready financial statements with ease. This comprehensive solution streamlines compliance and decreases the complexity of managing leases, allowing your team to focus on more critical business decisions.
Key Benefits of LeaseDashBoard:
Strengthened Compliance: Align with ASC 842, IFRS 16, and regulatory standards.
Risk Reduction & Efficiency: Increase the speed and accuracy of lease reporting while minimizing complexity.
Cost-Efficient: Avoid software costs and streamline the process with a ready-to-use tool built by accounting experts.
LeaseDashBoard ensures seamless compliance and supports businesses through dynamic changes such as lease renewals, modifications, and rate changes. LeaseDashBoard has also been tested and passed audits from all the major accounting firms, giving you the confidence that your lease accounting is not only accurate but also audit-ready.
Comprehensive Lease Implementation and Administration
In addition to LeaseDashBoard, Blythe Global Advisors helps companies develop and execute lease accounting plans that meet both compliance and administrative needs. We’ve helped clients with both lessee and lessor accounting needs, including implementation, ongoing maintenance, and reporting. But our expertise doesn’t stop there.
When it comes to lease systems, we’ve successfully guided clients through:
Integrating multiple platforms, ensuring seamless data flow and consistency.
Transitioning between platforms to accommodate growing needs or regulatory changes.
Cleaning up data in existing systems, eliminating errors, redundancies, and inefficiencies.
BGA goes beyond initial implementation. Our team focuses on building sustainable lease accounting processes that remain efficient, compliant, and adaptable to your organization’s evolving needs.
Complex Lease Transactions and Software Implementation
Lease transactions such as subleasing, embedded leases, and sale-leaseback arrangements can present unique challenges. Blythe Global Advisors provides expert guidance throughout these processes to ensure compliance and accuracy.
We also offer lease software implementation services to help companies identify, select, and configure the right tools for their specific needs. This streamlines lease tracking, reporting, and overall compliance efforts.
Why Partner with Blythe Global Advisors?
By partnering with Blythe Global Advisors, you leverage the expertise of professionals with extensive GAAP and SEC reporting experience. Our specialists assist with interpreting lease standards, managing lease data, and implementing the best IT solutions. With LeaseDashBoard, we provide all the tools you need for seamless lease management, financial reporting, and compliance.
Contact us today to learn more about how Blythe Global Advisors can help your organization optimize its lease accounting practices.
- Medical Device Company– Company is working towards an IPO. We assisted with audit preparation, SOX preparation, interim controllership work, valuation and tax provision assistance.
- Software Company – Assist in ASC 740 income tax provision preparation and review, record purchase accounting entries related to a business acquisition. Assist in sales and use tax return filings and liability exposure analysis for outside auditors.
- Real Estate Company – Assist with income tax provision and in-depth analysis to determine the need for valuation allowance by jurisdiction.
- Manufacturing Company – Assist with income tax provision and technical tax memoranda focusing on uncertain tax positions and valuation allowance analysis.
- Distributor – Assistance with multiple year provisions needed for SEC S-1 filing, including detailed tax disclosures.
Blythe Global Advisors is an accounting advisory firm with a difference. We have a proven track record of helping companies – from startups to brand-name enterprises, U.S.-based and international – fill the gap in accounting and financial expertise. Whether you need help with a simple financial statement or a complex business combination, we offer customizable, flexibly priced solutions that we deliver via our world-class service delivery process.