Disclosure Requirements Explained Under ASC 842

Disclosure Requirements Explained Under ASC 842

Under ASC 842, lease disclosure requirements were created with the intent to provide financial statement readers with more transparent insights…

What is Lease Abstraction?

What is Lease Abstraction?

Commercial real estate leases are lengthy and somewhat daunting documents. But, within each lease document lives an immense amount of…

Implementation of Practical Expedients Under ASC 842

Implementation of Practical Expedients Under ASC 842

Introduction to ASC 842 Implementation Accounting for leases under ASC 842 is a new area that many finance teams are…