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…
Within any given lease portfolio, numerous contractual changes may occur depending on if your business is growing, downsizing or restrategizing…
What is an Initial Lease Measurement? An initial lease measurement (or reassessment) is required at the lease commencement date if…
Navigating the lease accounting lifecycle is a complex and ever-evolving process. Once an entity has determined a contract is or…
Implementing the new standard is complex and takes time. Under ASC 842, operating leases are now on the balance sheet,…
In commercial real estate, critical dates are sprinkled throughout your lease contract. These dates or milestone events can have significant financial…
Leases are contracts that convey rights and obligations to use an identified asset for a period of time in exchange…
An estimated $3 Trillion dollars in lease liabilities is going onto the balance sheet with the ASC 842 standards. The…
After collecting and organizing your organization’s contracts, you’ll want to determine if each individual contract is a finance or an…
One of the key differentiators when Comparing ASC 840 to ASC 842 is that now all leases, both finance (previously…