The new ASC 842 Lease Accounting standard will be a challenging exercise for many companies. At the same time, it presents an opportunity to take a bird’s-eye view of the accounting industry and identify opportunities for innovation.

In this session, we discussed macro trends impacting the accounting industry – from Covid to the Great Resignation – while also identifying key opportunities, such as AI and real-time Collaboration. We will zoom in on the Lease Accounting standard as a use case to apply new ideas for a powerful accounting future.

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