NAEP Question of the Month: Lease Accounting
Print this Article | Send to Colleague
The NAEP Exchange is the place to ask your questions, seek best-practice advice, and search for RFP assistance. The Exchange is a members-only benefit, which means no prying eyes from suppliers; this is a place to ask questions of your higher education procurement colleagues from across the country.
Our question this month comes from Sara Veilleux at Southern New Hampshire University:
For the Procurement teams who also handle contracts, we are curious as to your process around new Lease Accounting standards (FASB ASC 842) and what Procurement’s role will be in that process.
If you are involved in conversations at your institution around these changes, I would love to ask you a few follow up questions.
For those colleagues who are using Workday’s functionality to account for the new standards, would also love to ask you a few follow up questions.
Can you add to this discussion? Sign in to the NAEP website and click here to join the conversation.
