Lease accounting standards ASC 842, IFRS 16, FRS 102 and GASB 87 create challenges for lessees. Get our tips and tricks for lease accounting compliance.
Lease accounting journal entries are an essential aspect of maintaining accurate financial reporting and compliance with accounting standards. For commercial tenants, CPAs, and accounting & finance teams, creation of your journal entries are a month-end task. Understanding the lease accounting…
Occupier Raises $16 Million Today, we’re incredibly excited to share that Occupier has raised a $16 million growth investment led…
GASB 87 represents a transformative shift in government lease accounting, affecting how thousands of public sector organizations report their lease…
For government entities managing commercial leases, GASB 87 represents the most significant change to lease accounting in decades. This new…
Transitioning to FRS 102 brings significant changes to financial reporting, especially in lease accounting. As a financial leader, you know…
What is FRS 102? The Financial Reporting Standard (FRS) 102 has introduced significant changes to lease accounting, requiring businesses to…
Understanding the FRS 102 Transition Navigating the intricacies of lease accounting standards can feel like traversing a complex maze. For…