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LeaseCrunch Identifies 4 Trends for Lease Accounting Implementation

LeaseCrunch CEO Ane Ohm highlights four key trends in lease accounting implementation for 2021, emphasizing how the COVID-19 pandemic has altered business operations as millions of non-public U.S. companies prepare to comply with new lease accounting standards.

LeaseCrunch, a provider of lease accounting software, has identified four key trends for lease accounting implementation in 2021, particularly as non-public companies work to achieve compliance with new standards.

According to LeaseCrunch CEO Ane Ohm, the unexpected events of 2020, including the impact of COVID-19, significantly changed business operations worldwide. As 2021 begins, millions of non-public U.S. companies are preparing to implement the new lease accounting standard.

This article originally appeared in Digital Journal.