Skip to the main content.
Facebook Instagram Linkedin X YouTube Medium
 

 
OUR STORY

RobRafSync copy-2-1

To us it's simple...

"Do things the right way. For the right reasons. Good things will follow."

Lease  Accounting Advisory & Implementation Services

 

Contact Us

Business and the financial reports. A workplace of the businessman.
 

ProNexus provides Lease Accounting Advisory & Implementation services, we can help you make a smooth transition to the new lease accounting standards and put in new practices for the future.

ProNexus has already helped a number of clients to implement the new lease accounting standard, ASC 842 and IFRS 16. We have invested in Lease Accounting Software and have developed tools and IP to implement the new standard and to offer clients the option to outsource ongoing ASC 842 or IFRS 16 compliance to our firm.

 
Upcoming Webinars

ProNexus Tools Available:

  • Assessment - Internal Survey/Questionnaire
  • Lease Summary Abstracts - Real Estate & Non Real Estate
  • Project Governance and Project Team Template
    • Template that defines the key roles and identifies key leasing stakeholders
  • Pre-Adoption & Post Adoption Validation Checklist
    • Checklist that helps client's provide evidence of completeness
  • Lease Data Fields Required Checklist
  • ASC 842 Decision Tree: Does it contain a lease?
  • Lease Implementation Project Plan Checklists
  • Lease Accounting Microsoft Excel Tempaltes
  • ASC 842 or IFRS 16 Guidance & Training Materials
    • Lease Accounting Software
    • Lease Term Wizard
    • Lease Accounting Policy Templates

How ProNexus Can Help:

  • Understanding the New Rules
  • Roadmap Development - What is the right implementation plan for your company?
  • Planning & Scoping
  • Develop a project plan and timeline for implementing ASC 842 or IFRS 16
  • Scoping & determining population of all leases
  • Current State Assessment & Gap Analysis
  • Impact Assessment - how will the change impact your financial statements?
  • Technology/Lease Software Selection
  • ProNexus Lease Accounting Software
  • Implementation & testing of technology solution
  • Integration into ERP system or GL package, as needed
  • People, Process, & Controls
  • RCM Modification, SOX, and othe roperational considerations
  • Process flow recommendations and implementation support
  • Guidance for policies & procedures around lease initiation, modification, and recording
  • Project Support & Execution
  • Evaluation and implementation of required entries
  • Creation of the required disclosures
  • Provide resources or loan staff augmentation
  • Backfill of Day to Day Responsibilities of Client Staff
  • Outsource/Co-Sourcing of ASC 842 or IFRS 16 Compliance - Day 2 & Beyond
  • Training
Contact Us