Your hub for tenant lease management & lease accounting resources
Lease Cash Flow Analysis If you are a commercial tenant, finding the right space for your business is crucial to your success. But there’s more to consider than just location and size – you also need to understand the financial…
After collecting and organizing your organization’s contracts, you’ll want to determine if each individual contract is a finance or an…
One of the key differentiators when Comparing ASC 840 to ASC 842 is that now all leases, both finance (previously…
As we settle into Fall and the back to school / back to work routine, we’ve noticed a new trend…
The new lease accounting standards are here. And these guidelines are expanding your balance sheet liabilities. It is estimated $3…
In 2005, the Securities and Exchange Commission recommended FASB address a lease accounting project. Under ASC 840, corporations were required to report on off-balance-sheet arrangements. Fast forward to today, and ASC 842 is replacing ASC 840 and creating new guidelines that say all lease liabilities should be accounted for on the balance sheet.
With the new lease accounting standard ASC 842 comes the requirement for entities to identify whether a contract contains a…