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…
Lease accounting is a crucial aspect of the real estate industry that every professional in the field should be familiar…
When a company leases an asset like office space, retail space or equipment like delivery trucks or company laptops, it…
With the adoption of the new lease accounting standards, IFRS 16 and ASC 842, Right-of-Use (ROU) assets have become an…
Companies that lease assets such as real estate, equipment, or vehicles must now be compliant with the new lease accounting…
With new accounting standards like ASC 842 and IFRS 16, changing lease accounting software providers is a significant decision for…
Reviewing lease accounting software alternatives is a critical step in updating your internal controls while maintaining compliance requirements. The software…