IRIS Lease Accounting is a cloud-based solution designed to simplify and automate compliance with the FASB ASC 842 and IFRS 16 standards. The solution is used by thousands of finance professionals globally and is relied upon by global enterprises to achieve and maintain compliance with the latest lease accounting standards. The solution incorporates rich functionality that revolutionizes the way you manage FASB ASC 842 and IFRS 16 compliance including: Leasing subledger, simplified re-measurement, amortization and depreciation schedules, multi-calendar support, accurate disclosures and audit trail reporting, lessee and lessor accounting, Covid-19 rent concessions, end of lease notifications, full lifecycle management, robust controls, data validation, multi-currency t...