Foreword Preface Introduction The Shift: Regulatory Changes at a Glance The Impact: Changes to Financial Processes The Solution: Leasing Systems from SAP Summary Lease Accounting Basics Building Blocks of a Lease Lessee Accounting Lessor Accounting Summary Evaluating Compliance Readiness Leasing Requirements Master Data Business Processes System Changes Summary Managing Your Leasing Project Defining the Scope Establishing Timelines and Deliverables Choosing Your Team Setting Your Budget Kicking Off Your Project Summary Implementing SAP Lease Administration by Nakisa Before You Begin Settings Tab Master Data Configuration Data Management Build Management Schedule Jobs and Thresholds Field Management Caption Editor Logs and RFC Traces Summary Configuring SAP Flexible Real Estate Management for Lease Valuations Basic Settings for Balance Sheet Valuation Balance Sheet Valuation of Contracts Account Determination Special Topics Summary Transition Accounting Practical Expedients Choosing a Transition Approach Adopting the Modified Retrospective Approach Summary Managing Leases with SAP Lease Administration by Nakisa Master Lease Agreement Contracts and Lease Components Activation Groups and Units Lease Event Management Summary Managing Leases with SAP Flexible Real Estate Management Lease Valuation Data Valuation Rules and Calculations Valuation Postings Lease Modifications and Updates Reporting and Disclosure Statements Summary Disclosures, Reporting, and Analytics Standard Required Disclosures Reporting and Analytics with SAP RE-FX Reporting and Analytics with SAP Lease Administration by Nakisa Summary Key Industry Considerations Healthcare High-Tech Air and Defense Summary Conclusion Chapter 1 Chapter 2 Chapter 3 Chapter 4 and Chapter 5 Chapter 6 Chapter 7 Chapter 8 Chapter 9 Chapter 10 Additional Resources Appendices IFRS 16 and ASC 842 FAQs The Authors Index.