2 Examples of Operating Lease Accounting Under ASC 842
At the end of the 2020 fiscal year, the Financial Accounting Standards Board (FASB) made it mandatory for private, public,…
An Overview of ASC 840: What Every Accountant Needs to Know
ASC 840 was the original accounting standard for leases that allowed companies to disclose their leases in the notes of…
The Definitive Comparison of IFRS 16 vs. ASC 842
Two new accounting standards put in place within the last three years have forever changed the way businesses report their…
Fully Occupied Scoop: September 2022 Newsletter
🏢 CRE is Evolving Retail, office, industrial, and healthcare sectors have been in flux. Navigating the pandemic, the new ASC…
Calculating your Journal Entries for Operating Leases under ASC 842
With ASC 842, accounting teams must reflect all operating lease financial information on the company balance sheet. Journal entries are…
Right-of-Use Assets and Lease Liabilities – Defined Under ASC 842
ASC 842, the updated lease accounting standard from the Financial Accounting Standards Board (FASB), has finally come into force over…
How to Scale Effectively When Undertaking More Leases
Managing a commercial leasing strategy, such as a triple net lease or a ground lease structure, is complicated. The right leasing software can help.
What is Lease Management – A Guide for Tenants
Lease management, often referred to as lease administration, is the ongoing maintenance of your organization’s real estate portfolio. Between lease…
Fully Occupied Scoop: August 2022 Newsletter
🏬 From DTC to Physical Retail DTC brands are dipping their toes in the physical retail real estate model as…