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How FRS 102 Lease Accounting Software Can Speed Up Month-End Close

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By Malcolm Cameron, OneTouch Leasing
| Accounting Insight News
Month-end close is one of the most time-sensitive and resource-intensive activities finance teams undertake. Accuracy matters, deadlines are tight, and even small process inefficiencies can create delays. With the revised FRS 102 lease accounting requirements bringing most leases onto the balance sheet, lease accounting is becoming a more significant part of the month-end close process.
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