Annual Impairment Test
Companies that lease assets such as real estate, equipment, or vehicles must now be compliant with the new lease accounting…
How to Seamlessly Change Lease Accounting Software Providers
With new accounting standards like ASC 842 and IFRS 16, changing lease accounting software providers is a significant decision for…
Know Your Lease Accounting Software Alternatives
Reviewing lease accounting software alternatives is a critical step in updating your internal controls while maintaining compliance requirements. The software…
Deconstructing your Journal Entries post Impairment
Journal entries are a key component of lease accounting under ASC 842. They are used to record the various transactions…
Conducting a Departmental Lease Survey: A Guide to Capturing All Leases
Oftentimes, the accounting team is the last to know when their company enters into a new leasing arrangement. However, ensuring…
Lease Audit: What is a Roll Forward Report?
The Roll Forward Report is a common audit request that provides auditors with a clear picture of how account balances…