[Proship] New Lease Accounting Standard Seminar | How to Reduce Operational Burden from Intercompany Lease Discrepancies? — Registration Open

Proship Inc. (Headquarters: Chiyoda-ku, Tokyo; President: Fumihiro Suzuki) is holding a series of 14 free online seminars aimed at reducing operational burdens in preparation for the application of the new lease accounting standard starting in April 2027. The 6th session will focus on 'Intercompany Leases,' a key issue in complying with the new standard, and practical responses. Responding to the new lease accounting standard requires design that considers not only individual processing but also consolidated financial statements. Intercompany leases are a point where burdens tend to increase in both institutional compliance and practical operation. Even for transactions within a consolidated group, there are cases where compliance with the new lease accounting standard is required. On the other hand, even if lease assets and liabilities are recorded individually, they are eliminated in consolidation procedures and treated as transactions that do not affect consolidated financial statements. Due to this structure, discrepancies easily occur between individual and consolidated processing, leading to increased confirmation and reconciliation work, which inflates operational burdens.