What is a Capital Lease?
You already know what a capital lease is, at least in theory. It’s a legal contract entitling someone to use…
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,…