free hit counters

Training at TRIMax

Nishevitha Vijayanand
8th November

Why attend ValuD’s December 1st training session on New Capabilities of TRIRIGA FASB/IASB Advanced Lease Accounting at the TriMax Conference in Arlington, Virginia?

In this session, Kirk Howcroft will take you through the critical new functionalities and enhancements delivered by IBM TRIRIGA 10.5.3. These new capabilities will help streamline your lease accounting processes, improve controllership with better defined responsibilities, address data accuracy, and segregate duties.

Lease Accounting Implementations with ValuD include 8 proprietary disclosure reports OOTB that are required under ASC 842, not available with the standard IBM TRIRIGA 10.5.3 release.

For instance, Weighted Average is a concept of significant importance as it is used to measure the remaining life of the lease. You can use the weighted average measure to better understand your organization’s lease portfolio as well as measure your company’s financial performance. ValuD has developed the Weighted Average Lease Term and Discount Rate report to help you gain more information on the remaining maturity of your lease pool. Additional disclosure reports created by ValuD to streamline your FASB compliance:

  • Finance Lease Cash Flow
  • Finance Lease Expense
  • Financial Summary
  • Future Rent Obligation Detail – Lease Currency
  • Future Rent Obligation Detail – Reporting Currency
  • Operating Lease Cash Flow
  • ROU Asset and Lease Liability Report

If you want to learn more on advanced disclosure reporting and how you can get all these reports, enroll in our training session at TRIMax on December 1st or contact us at help@valudconsulting.com to learn more.

Also consider enrolling in ValuD’s Training Academy where we offer you a variety of courses covering the TRIRIGA platform, Administration, Reporting and all the individual applications of TRIRIGA. Our training curriculum is one of the most highly recognized in the industry. As the leading IBM TRIRIGA training provider, ValuD’s courses are constantly refined and updated to reflect innovations in IBM TRIRIGA and is based on client feedback. Whether you’re searching for a standard or customized class, our training courses can be delivered on site at your location, at our Training Academy in Dallas or Las Vegas or remotely.  If you would like to learn more about the various courses offered by our training academy, please email us at training@valudconsulting.com

Leave a Reply

Your email address will not be published. Required fields are marked *

* *