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How lease accounting helps controllers become strategic partners

Over the last decade, the role of the controller has shifted from a strictly debits and credits, comp
Own Your Close
How lease accounting helps controllers become strategic partners
By Blake Oliver • Issue #104 • View online
Over the last decade, the role of the controller has shifted from a strictly debits and credits, compliance, and reporting job, to a significantly more strategic role, as our recent survey shows.
However, according to a report from Deloitte, most controllers still spend 70 percent of their time on traditional tasks, such as closing the books and compliance with accounting standards.
With FASB’s update to lease accounting standards, ASC 842, controllers have the perfect opportunity to become more of a strategic partner by working more closely with the rest of the organization to build better processes. See how in my latest article.
Keep on scrolling for more FloQast news and the best links I’ve clicked on these past few weeks — including your invite to our first-ever FloQast user gathering in San Francisco!

Events
Lease Accounting
How ASC 842 Lease Accounting Helps Controllers Become Strategic Partners
Compensation
Compensation Watch ’19: Controllers
Are Job Switchers Earning More?
CPA vs. CMA
Why CPA Candidate Numbers Have Decreased
ERP
ERP: Enterprise Reporting Partner...or Problem?
Automation
White-Collar Robots Are Coming for Jobs
Artificial Intelligence
FloQast Updates
Thanks for reading, and enjoy your weekend!
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Blake Oliver

A newsletter for accountants, controllers, and providers of outsourced accounting services. Subscribe and stay up-to-date with the latest in accounting technology, new regulations, and management tips. For additional resources for management accountants, visit https://floqast.com/resources/. FloQast (where I work) is close management software built by accountants for accountants to help them close faster and more accurately.

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