by George Azih | Jan 23, 2020
What is an embedded lease? What organizations are typically impacted? How the new guidelines impact embedded leases What are the common misconceptions? How to identify embedded leases Where can you find embedded leases? Remember to properly bifurcate the lease While...
by George Azih | Jan 10, 2020
What is lease classification? Operating vs finance leases under ASC 842 Transference of title/ownership to the lessee Purchase option Lease term and the remaining economic life of the asset Present value vs fair value of the asset Asset specialization Operating vs....
by George Azih | Dec 12, 2019
Lease liability and calculation Right-of-use asset and calculation ROU asset and operating leases ROU asset and finance leases Subsequent lease liability and journal entries Subsequent ROU asset and journal entries Impact on income, EBITDA, and debt Examples of...
by George Azih | Dec 4, 2019
We’ve all heard the way that organizations buy and use software is changing. The rise of Software as a Service (SaaS) has empowered many business users to find, choose, and implement software without IT’s involvement. Beyond implementation, the IT and security teams...
by George Azih | Nov 20, 2019
Lease abandonment from the lessee’s perspective means precisely that the lessee is still paying for an asset they are no longer using. While the asset has in fact been abandoned by its initial renter, the landlord is still receiving payment for the property....
