Case Study: Brasfield & Gorrie achieves major year-end audit time savings and a smoother ASC 842 transition with FinQuery

Brasfield & Gorrie Saves Significant Time on Year-End Audit With LeaseQuery

Brasfield & Gorrie, one of the country’s largest privately held construction firms, needed a lease accounting solution to complete the transition to the new ASC 842 standard after pandemic-related delays. They selected FinQuery and relied on FinQuery’s ASC 842 reporting functions, reporting studio and journal-entry tools to manage straight-line rent recognition and prepare leases for audit.

FinQuery implemented its reporting studio, dynamic reporting and journal entry functionality along with responsive customer support, enabling Brasfield & Gorrie to adopt ASC 842 at the end of 2021 and streamline lease accounting. The solution delivered significant time savings on year-end audit work, simplified journal entries and faster adjustments, improving overall lease maintenance and reporting efficiency.

Brasfield & Gorrie

Bubba Willings