Lease Incentives: Accounting Best Practices Under ASC 842
Accounting for lease incentives under ASC 842 and IFRS 16, the new lease standards, requires a methodical strategy by finance…
Lease Accounting Changes: Your Ultimate Guide to ASC 842
The New Lease Accounting Changes – ASC 842 The Financial Accounting Standards Board’s (FASB) ASC 842 accounting standards represent a…
How to Calculate the Present Value of Lease Payments – Excel
What is the Present Value of Lease Payments? Present value (also referred to as PV) of lease payments, is a…
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
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
IFRS 16 is a new standard for lease accounting issued by the International Financial Reporting Standards (IFRS) foundation along with its International…