Author: Lauren Covell

Lauren Covell is a Certified Public Accountant who currently lives in St. Louis, Missouri. She started her career in the PwC audit practice. After PwC, she joined a consulting firm and assisted companies in navigating complex technical accounting matters and streamlined their monthly close processes. Prior to joining Occupier, she was responsible for implementing ASC 842 for a vast portfolio of retail and equipment leases at a high growth consumer products company. Lauren is also passionate about collaborating with others to optimize solutions and creating win-wins for every stakeholder in the process

Lease Accounting

Your Guide to ROU Assets and How to Calculate Them
ByLauren Covell December 12, 2022December 2, 2023

This guide will share everything you need to know about ROU assets—what the term means, how to calculate ROU, and…
Lease Accounting

Lease Impairments of ROU Assets
ByLauren Covell December 8, 2022March 6, 2024

Lease impairments refer to accounting scenarios where the carrying value of a right-of-use (ROU) asset associated with an operating lease…
Lease Accounting

Preparing For Your Audit Under ASC 842
ByLauren Covell December 6, 2022February 9, 2023

You put in the hard work to transition to ASC 842, the new lease accounting standard. You’ve got your amortization…
Lease Accounting

ASC 842’s Effect on EBITDA
ByLauren Covell November 29, 2022February 9, 2023

Many businesses have only recently adopted ASC 842, the new lease accounting standard, pending their effective dates. Finance teams are…
Lease Accounting

The Only Guide You Need to Understand Lease Accounting
ByLauren Covell November 23, 2022February 9, 2023

Accountants know lease accounting has undergone drastic changes due to the enactments of ASC 842 and IFRS 16. The financial…
Lease Accounting

Accounting for a Finance Lease Under ASC 842
ByLauren Covell November 3, 2022February 9, 2023

What does ASC 842 mean in practice if your real estate portfolio consists of finance leases? Well, the first change…