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…
A financial disclosure report provides detailed information about the financial aspects of a company or organization. It includes financial statements,…
In order to pass your lease accounting audit under ASC 842. IFRS 16 or GASB, your external auditors will likely…
Managing your lease portfolio efficiently and ensuring compliance with legal and accounting requirements is a crucial process for commercial tenants…
Lease audit procedures refer to the process of reviewing and examining an organization’s lease agreements and related records to ensure…
Lease accounting audit season is a trying time for in-house accounting teams, CPA firms and commercial real estate teams. Look…
What is Lease Accounting? Lease accounting refers to the process of recording and reporting lease-related financial transactions according to specific…