Considerations for Determining Your Incremental Borrowing Rate

Considerations for Determining Your Incremental Borrowing Rate

Accounting for and/or transitioning to the new lease accounting standards, ASC 842 and IFRS 16, has proven to be a…

Lease Incentives: Accounting Best Practices Under ASC 842

Lease Incentives: Accounting Best Practices Under ASC 842

Accounting for lease incentives under ASC 842 and/ or IFRS 16, the new lease standards, requires a methodical strategy by…

Lease Accounting Changes: Your Ultimate Guide to ASC 842

Lease Accounting Changes: Your Ultimate Guide to ASC 842

The New Lease Accounting Changes ASC 842 is completely changing lease accounting as you know it. These lease accounting changes…

Fundamental Lease Term Dates Explained including Lease Commencement

Fundamental Lease Term Dates Explained including Lease Commencement

Within a commercial lease document, there are fundamental term dates that impact accounting and real estate teams. For instance, did…

Equipment Leases: Advantages and Disadvantages

Equipment Leases: Advantages and Disadvantages

What is an Equipment Lease? It is a contractual agreement where the lessor, the owner of a piece of equipment,…

The Ultimate Guide to Accounting Under the IFRS 16 Standard

The Ultimate Guide to Accounting Under the IFRS 16 Standard

What is IFRS 16? IFRS 16 is the International Financial Reporting Standard answer to lessee accounting. It affects any organization…