Case Study: Dow Chemical Achieves ASC 842 and IFRS 16 Compliance with LeaseAccelerator

DOW achieves ASC 842 and IFRS 16 compliance with LeaseAccelerator

Dow Chemical, a major chemical company, faced the challenge of achieving and maintaining long-term global compliance with the new lease accounting standards ASC 842 and IFRS 16. To address this, they selected the LeaseAccelerator platform for its fully integrated capabilities.

By implementing LeaseAccelerator, Dow Chemical was able to build a center of excellence for lease accounting, successfully achieving compliance with the complex new standards. The solution provided by LeaseAccelerator offered a streamlined and efficient process for managing their global lease portfolio, ensuring accurate reporting and reducing the risk of non-compliance.

Dow Chemical