by George Azih | Nov 1, 2018 | Blog, Press Releases
October 26, 2018 — With the effective date of the new lease accounting standards less than two months away for many companies, Encoursa, in partnership with LeaseQuery, conducted a survey to understand the progress accountants are making towards adoption. “The survey...
by George Azih | Nov 1, 2018 | Blog, Compliance, FASB ASC 840, FASB ASC 842, Featured, IFRS 16, Lease Accounting Standards
With the deadline for implementing the new lease accounting standards quickly approaching for public companies, there’s no such thing as too many helpful tips. Navigating the new rules and transitioning your accounting practices so you remain compliant isn’t an...
by George Azih | Nov 1, 2018 | Blog, Compliance, FASB ASC 840, FASB ASC 842, IFRS 16, Lease Accounting Standards, Lease Accounting Tools
Finding a gifted lease accountant is complicated. You need a project manager who can see the big picture to ensure long-term compliance. But you also need a technical accountant who’s a stickler for details. The key to finding the best talent is asking the right...
by George Azih | Oct 3, 2018 | Blog, FASB ASC 842, Featured, IFRS 16, Lease Accounting Standards
What is lease accounting? Lease accounting is the method by which organizations account for their leasing contracts – whether lessors or lessees – on their balance sheets. The reporting standards for lease accounting are maintained by the Financial Accounting...
by George Azih | Oct 3, 2018 | Blog, FASB ASC 842, Featured, IFRS 16, Industry News and Events, Lease Accounting Standards
4 Takeaways on ASC 842 and IFRS 16 from the 17th Annual Financial Reporting Conference Earlier this year, we had the opportunity to attend the 17th Annual Financial Reporting Conference at Baruch College featuring panelists from FASB, KPMG, Google, Moody’s, and...
by George Azih | Sep 25, 2018 | Blog, FASB ASC 842, Featured, IFRS 16, Lease Accounting Standards
As with any major new regulatory update, the boards published practical expedients after the initial release of the new lease accounting standards. Electing these expedients will save you time, but if you don’t interpret them properly, you’ll end up with errors in...
