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…
Within a commercial lease document, there are fundamental term dates that impact accounting and real estate teams. For instance, did…
What is an Equipment Lease? It is a contractual agreement where the lessor, the owner of a piece of equipment,…
IFRS 16 is a new standard for lease accounting issued by the International Financial Reporting Standards (IFRS) foundation along with its International…
Opting for a sublease rather than a regular lease can mean different benefits for your company. Here’s what you should know.
The foreign exchange rates of a country is one of the most important indicators of a country’s economic performance. It…
Occupier’s ASC 842 glossary is a comprehensive reference to the key concepts and terms related to the new ASC 842…