Our CFO Advisory team is now equipped with Cradle – a cutting edge lease accounting software solution that cuts through the complexity and provides certainty around reporting, disclosures, market releases and projections.
Cradle’s all-in-one platform, in the hands of RSM’s experienced CFO Advisory team, will improve the speed, accuracy, and reliability of your lease accounting.
By leveraging a combination of data and process standardisation, embedded internal controls and real-time reporting we have clear visibility into your lease portfolio. We can also assist finance teams with building a more robust process around leases to ensure the right data is gathered and reported.
Cradle’s lease accounting solution is specifically designed to orchestrate and accelerate the lease accounting compliance with ASC 842 and IFRS 16/ AASB16 and offers the following functions for lease accounting calculation:
- Ability to capture any contractual payment permutations
- Prepare net present value calculations for the lease liabilities payments
- Lessee, lessor, and sublease accounting
- Lease modification accounting
- Financial reports disclosure, including journal entries that can be run at any date range
- Ability mirror company’s general ledger environment run at any date
- Foreign exchange accounting
- Email reminders for lease events
For more information
If you have any questions or would like to chat with a CFO Advisory specialist about how this alignment can simplify and improve your lease accounting, please contact your nearest RSM office.