Preparing For Your Audit Under ASC 842
You put in the hard work to transition to ASC 842, the new lease accounting standard. You’ve got your amortization…
ASC 842’s Effect on EBITA
Many businesses have only recently adopted ASC 842, the new lease accounting standard, pending their effective dates. Finance teams are…
The Only Guide You Need to Understand Lease Accounting
Accountants know lease accounting has undergone drastic changes due to the enactments of ASC 842 and IFRS 16. The financial…
Learn How to Calculate Lease Liability With This Step-by-Step Guide
One of the major changes that came with the transition from ASC 840 to ASC 842 was that leases must…
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…
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….
Key Takeaways from ENGAGE 2022
An Interview with Occupier’s VP of Finance Team Occupier is settling back in from ENGAGE 2022, one of the accounting…
Outsourced vs. In-House Lease Accounting: Which Is Better?
The pros and cons of outsourcing deserve careful consideration at any company. Either way, you’ll need lease accounting software at your disposal.
What Businesses Need to Know About Choosing the Right Lease Accounting Software
The truth is that most businesses fail when selecting lease accounting software. Often, this is because they’re not considering the “big picture.”