4 Things You Should Start Now to Be Ready for the ASC 842 Effective Date

For most public companies, the effective date of the new lease standard has passed: January 1, 2019. For private companies, the effective date of the new lease standard, ASC 842, is January 1, 2020. If you’ve been keeping up with the new lease accounting guidance,...

Lease Accounting Software Comparison: What You Need to Know

Comparing and selecting the best lease accounting software for your organization is not a simple process. You’ve got to juggle your budget and stakeholders from other departments (who may not understand your needs). And those are just your internal obstacles. You also...

Discount and Incremental Borrowing Rates under IFRS 16 and ASC 842 Explained

  One of the most common questions people have about the new lease accounting standards is about discount rates. There’s a lot of confusion about which ones to use, where to find them, and how to calculate them. It would be nice if there were straightforward...

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