The new standards, ASC 842 and IFRS 16, create new challenges for lessees. Get our tips and tricks for lease accounting compliance.
You put in the hard work to transition to ASC 842, the new lease accounting standard. You’ve got your amortization schedules and your journal entries sorted out. Everything seems to be going well, but there is only one surefire way…
We built our ASC 842 survival kit to help you kick start your lease accounting compliance journey. Public companies have…
For accounting teams and finance groups, year-end close is one of the busiest times of the year. Closing out the…
ASC 842 and IFRS 16 have drastically changed the face of lease accounting. The ROU, or “Right of Use” asset…
This guide will share everything you need to know about ROU assets—what the term means, how to calculate ROU, and…
Lease impairments refer to accounting scenarios where the carrying value of a right-of-use (ROU) asset associated with an operating lease…
Many businesses have only recently adopted ASC 842, the new lease accounting standard, pending their effective dates. Finance teams are…