[Proship] New Lease Accounting Standard: Where to Read Contracts and How to Define Leases 'Narrowly'? Explaining Theoretical Arming for Audit Compliance
Proship Inc. will launch a 14-part free online program for the new lease accounting standard starting in 2027. The first session focuses on 'lease identification' and building logical arguments for audit compliance.
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- 📰 Published: April 23, 2026 at 18:25
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Proship Inc. (Headquarters: Chiyoda-ku, Tokyo; President: Motofumi Suzuki) will launch a 14-part free online course, 'New Lease Accounting Standard Compliance | Practical Program to Lighten the Burden of Operations,' in preparation for the application of the new lease accounting standard from April 2027. We announce that the first seminar of the series, '[Identification] Where to Read Contracts and How to Define Leases "Narrowly"', will be held online on Thursday, May 14, 2026.
■ Background of the First Session and Importance of the Theme
With the mandatory application of the new lease accounting standard approaching in FY2027, many companies are struggling with practical compliance. In a recent survey conducted by our company, 'Progress and Reality Survey on Compliance with New Lease Accounting Standards,' the biggest hurdle in determining compliance policies was highlighted as 'difficulties in negotiating with audit firms.' Above all, the judgment of 'lease identification' is what troubles the frontline operations the most. When determining whether a lease is included in a contract, how should 'exclusive right of use' and 'right to direct the use' be interpreted, and to what extent should it be recognized as a lease (narrowly defined)? The difficulty of this interpretation is a major factor causing disagreements with audit firms.
Therefore, this first session will focus on 'where to read contracts and how to define leases "narrowly"' to solve these real frontline challenges. We will explain, with specific approaches, how to build the 'theoretical arming' necessary to explain to and gain the understanding of audit firms.
■ Key Points of this Seminar
This seminar focuses on 'lease identification,' which is the starting point for complying with the new lease accounting standard, and organizes the ways of thinking and judging required at the forefront of practical operations, centering on the following points:
- Where to focus practically in identification among massive volumes of contracts.
- Ways of thinking to define 'narrowly' when judging whether it falls under a lease.
- Building logic to determine desirable internal policies and smoothly negotiate with audit firms.
Through a discussion between Mr. Kiyotaka Nakata, a Certified Public Accountant well-versed in corporate internal controls and accounting audits, and Shunsuke Tatsumi of Proship, who has extensive practical support experience including IFRS 16 (Leases) compliance, we will deliver 'theoretical arming usable in the field' that goes beyond mere institutional explanations.
■ First Session Overview
Date and Time: Thursday, May 14, 2026, 13:30 - 14:30
Format: Online event (Live streaming)
Speakers: Mr. Kiyotaka Nakata (Certified Public Accountant), Knowledge Network Co., Ltd. / Shunsuke Tatsumi, Proship Inc.
Participation fee: Free (Pre-registration required)
Click here for seminar details and registration
* This seminar is the first of the 'Practical Program to Lighten the Burden of Operations (14 sessions in total)'.
* You can check the overview of the entire program and future schedules here.
https://www.proship.co.jp/seminars/
Related Press Releases
[Proship] Launching a '14-part' Free Course to Dramatically Reduce the Practical Burden of the New Lease Accounting Standard! - Accepting Applications for the 1st and 2nd Sessions -
[New Lease Accounting Standard] One Year Until Application, Over 50% of Companies Stalled at the 'Initial Stage'. The '2027 Problem' Becomes Reality Due to Delayed Preparation
■ Smooth Compliance Support Utilizing Abundant Track Records
The new lease accounting standard this time will have equivalent content to IFRS 16 (Leases), which was applied starting in 2019.
In addition to our track record of complying with the current lease accounting standards and tax systems applied since 2008, our company has a project compliance record of over 100 companies for IFRS 16. We have also accumulated numerous cases of compliance with new standards that are ahead of the curve in Japan. Beyond providing content that supports pre-system operations such as 'Impact Calculation' and 'Policy Organization Sites', we deploy comprehensive services extending beyond system implementation frameworks, such as 'Issue Organization Seminars' by highly specialized personnel and 'Consulting Proposals'. With abundant know-how and meticulous support tailored to practical operations, we will forcefully support smooth institutional compliance by reducing the operational load on our customers.
◇ 'New Lease Accounting Impact Calculation Solution' for Highly Accurate Estimations
We provide a 'New Lease Accounting Impact Calculation Solution' via SaaS to calculate the impact amount in preparation for the application of the new lease accounting standard. It allows for highly accurate estimations based on IFRS 16 cases, not just simple calculations. Please utilize this solution to prepare for the new lease accounting standard.
Click here for details on the Impact Calculation Solution
◇ 'ProPlus+' Providing Best Practices for New Lease Accounting Standard Compliance
'ProPlus+' is a total solution that enables compliance with the new lease accounting standard and related tax systems, utilizing the knowledge cultivated through IFRS 16 (Leases).
■ Background of the First Session and Importance of the Theme
With the mandatory application of the new lease accounting standard approaching in FY2027, many companies are struggling with practical compliance. In a recent survey conducted by our company, 'Progress and Reality Survey on Compliance with New Lease Accounting Standards,' the biggest hurdle in determining compliance policies was highlighted as 'difficulties in negotiating with audit firms.' Above all, the judgment of 'lease identification' is what troubles the frontline operations the most. When determining whether a lease is included in a contract, how should 'exclusive right of use' and 'right to direct the use' be interpreted, and to what extent should it be recognized as a lease (narrowly defined)? The difficulty of this interpretation is a major factor causing disagreements with audit firms.
Therefore, this first session will focus on 'where to read contracts and how to define leases "narrowly"' to solve these real frontline challenges. We will explain, with specific approaches, how to build the 'theoretical arming' necessary to explain to and gain the understanding of audit firms.
■ Key Points of this Seminar
This seminar focuses on 'lease identification,' which is the starting point for complying with the new lease accounting standard, and organizes the ways of thinking and judging required at the forefront of practical operations, centering on the following points:
- Where to focus practically in identification among massive volumes of contracts.
- Ways of thinking to define 'narrowly' when judging whether it falls under a lease.
- Building logic to determine desirable internal policies and smoothly negotiate with audit firms.
Through a discussion between Mr. Kiyotaka Nakata, a Certified Public Accountant well-versed in corporate internal controls and accounting audits, and Shunsuke Tatsumi of Proship, who has extensive practical support experience including IFRS 16 (Leases) compliance, we will deliver 'theoretical arming usable in the field' that goes beyond mere institutional explanations.
■ First Session Overview
Date and Time: Thursday, May 14, 2026, 13:30 - 14:30
Format: Online event (Live streaming)
Speakers: Mr. Kiyotaka Nakata (Certified Public Accountant), Knowledge Network Co., Ltd. / Shunsuke Tatsumi, Proship Inc.
Participation fee: Free (Pre-registration required)
Click here for seminar details and registration
* This seminar is the first of the 'Practical Program to Lighten the Burden of Operations (14 sessions in total)'.
* You can check the overview of the entire program and future schedules here.
https://www.proship.co.jp/seminars/
Related Press Releases
[Proship] Launching a '14-part' Free Course to Dramatically Reduce the Practical Burden of the New Lease Accounting Standard! - Accepting Applications for the 1st and 2nd Sessions -
[New Lease Accounting Standard] One Year Until Application, Over 50% of Companies Stalled at the 'Initial Stage'. The '2027 Problem' Becomes Reality Due to Delayed Preparation
■ Smooth Compliance Support Utilizing Abundant Track Records
The new lease accounting standard this time will have equivalent content to IFRS 16 (Leases), which was applied starting in 2019.
In addition to our track record of complying with the current lease accounting standards and tax systems applied since 2008, our company has a project compliance record of over 100 companies for IFRS 16. We have also accumulated numerous cases of compliance with new standards that are ahead of the curve in Japan. Beyond providing content that supports pre-system operations such as 'Impact Calculation' and 'Policy Organization Sites', we deploy comprehensive services extending beyond system implementation frameworks, such as 'Issue Organization Seminars' by highly specialized personnel and 'Consulting Proposals'. With abundant know-how and meticulous support tailored to practical operations, we will forcefully support smooth institutional compliance by reducing the operational load on our customers.
◇ 'New Lease Accounting Impact Calculation Solution' for Highly Accurate Estimations
We provide a 'New Lease Accounting Impact Calculation Solution' via SaaS to calculate the impact amount in preparation for the application of the new lease accounting standard. It allows for highly accurate estimations based on IFRS 16 cases, not just simple calculations. Please utilize this solution to prepare for the new lease accounting standard.
Click here for details on the Impact Calculation Solution
◇ 'ProPlus+' Providing Best Practices for New Lease Accounting Standard Compliance
'ProPlus+' is a total solution that enables compliance with the new lease accounting standard and related tax systems, utilizing the knowledge cultivated through IFRS 16 (Leases).