Whitepaper: Solving for the intersection of revenue recognition and lease accounting in the medical device industry
An integrated solution to solve two regulatory standards
As standalone regulations, revenue recognition (IFRS 15 and ASC 606) and lease accounting (IFRS 16 and ASC 842) are each challenging in their own right.
However, medical device manufacturers are in a somewhat unique position of needing to look at how these regulations intertwine and solving for them in parallel and where they intersect. In this white paper we discuss:
- How Aptitude’s integrated solution solves for both compliance standards
- Three challenging revenue recognition and leasing use cases for medical device companies
- Two client case studies
