ASC 842 Lease Accounting Glossary
Occupier’s ASC 842 glossary is a comprehensive reference to the key concepts and terms related to the new ASC 842…
Subsequent Re-Measurement of Leases Under ASC 842 Guidelines
Within any given lease portfolio, numerous contractual changes may occur depending on if your business is growing, downsizing or restrategizing…
The 5 Steps to Complete an Initial Lease Measurement
What is an Initial Lease Measurement? An initial lease measurement (or reassessment) is required at the lease commencement date if…
The Ultimate Guide to Navigating the Lease Accounting Lifecycle
Navigating the lease accounting lifecycle is a complex and ever-evolving process. Once an entity has determined a contract is or…
How to Assess Materiality and Recognition Thresholds
Implementing the new standard is complex and takes time. Under ASC 842, operating leases are now on the balance sheet,…
How to Account for Lease Modifications Under ASC 842
Leases are contracts that convey rights and obligations to use an identified asset for a period of time in exchange…