How to Calculate your Lease Amortization Schedules – Excel Template

How to Calculate your Lease Amortization Schedules – Excel Template

What is Lease Amortization? Lease amortization is the process of paying down an operating or finance leased asset over time….

Lease Incentives: Accounting Best Practices Under ASC 842

Lease Incentives: Accounting Best Practices Under ASC 842

Accounting for lease incentives under ASC 842 and/ or IFRS 16, the new lease standards, requires a methodical strategy by…

Commercial Lease Incentives: The Ultimate Real Estate Guide

Commercial Lease Incentives: The Ultimate Real Estate Guide

We are officially two years into the pandemic. So, now is as good a time as ever to review lease…

4 Types of Expansion Clauses in Commercial Real Estate

4 Types of Expansion Clauses in Commercial Real Estate

What are Expansion Clauses? Expansion clauses are negotiable agreements in commercial real estate leases that guarantee or give preferential rights…

Fundamental Lease Term Dates Explained including Lease Commencement

Fundamental Lease Term Dates Explained including Lease Commencement

Within a commercial lease document, there are fundamental term dates that impact accounting and real estate teams. For instance, did…

Equipment Leases: Advantages and Disadvantages

Equipment Leases: Advantages and Disadvantages

What is an Equipment Lease? It is a contractual agreement where the lessor, the owner of a piece of equipment,…

The Ultimate Guide to Accounting Under the IFRS 16 Standard

The Ultimate Guide to Accounting Under the IFRS 16 Standard

What is IFRS 16? IFRS 16 is the International Financial Reporting Standard answer to lessee accounting. It affects any organization…