Is an Internal or External Lease Management Center of Excellence (CoE) Right for You as a Large Lessee? 1 Credit
Pros, Cons, and Roadmap to Success
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The adoption of ASC 842 and IFRS 16 has transformed lease management for companies, sparking discussions on outsourcing options and the benefits of centralized lease functions.Â
While numerous publications and webinars have shed light on the advantages of outsourcing, there is a notable lack of guidance for organizations considering the establishment of an internal Center of Excellence (CoE) or centralizing specific lease functions. Given the varied processes involving multiple stakeholders across different divisions and geographies, each with specific skill sets, this can be particularly challenging. This webinar will explore those considerations unique to lessees, with a particular focus on people and technology, using data and accounting to drive change.
In this CPE Accounting Webinar, we will examine and discuss the following topics:
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Bruce Conway is a Senior Advisor, Solution Engineering at Nakisa. Bruce is a Chartered Professional Accountant (CPA) with over 23 years of experience in managing lease portfolios for numerous Fortune 1000 companies. He has played a pivotal role in developing cutting-edge Software as a Service (SaaS) used by lessees worldwide and has utilized this software to serve clients from lease origination to termination. In recent years, Bruce has been a subject matter expert heavily involved in financial software implementations for many Fortune 1000 companies seeking compliance with ASC 842 and IFRS 16 lease accounting requirements. Most recently, he held the role of Global Leasing Manager for one of the world’s largest and most complex equipment and real estate lease portfolios. Before his tenure in Equipment Leasing and Leasing Software, Bruce held various controllership roles and enjoyed a successful career with both KPMG and Price Waterhouse (PwC).
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To maintain compliance, you must adhere to the guidelines set by NASBA and other regulatory bodies, which include attending the full duration of the webinar, participating in interactive elements, and completing any post-webinar evaluations or assessments.
After successfully attending a live webinar and fulfilling all participation requirements, you can access and download your completion certificates from your account dashboard on our platform. These certificates are recognized by NASBA, IRS, CFP Board, HRCI, SHRM, Payroll Org, FP Canada, and 25+ other regulatory bodies for compliance and reporting purposes.
We issue instant credit certificates, ensuring they are valid for presentation to governing bodies. Typically, we report IRS, CTEC, CFP, IDFP, IWI, VBOA Ethics credits within 7 days – the fastest in the industry.
GH
This was a fantastic webinar on a topic that I know absolutely nothing about. So it is of no use to me. However, it did get me an hour of CPE credit.
DH
Great handout material governing the understanding of CoE, and the role it plays in organization.
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