10 Must-Read Articles for Lease Accounting Compliance

10 Must-Read Articles for Lease Accounting Compliance

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...
Lease Accounting: What Are the New Challenges?

Lease Accounting: What Are the New Challenges?

Why the New Lease Accounting Standards Pose Major Challenges Until recently, most companies didn’t have to pay much attention to leases when issuing financial statements. With the new lease accounting standards, that’s set to change – drastically. Companies will be...
6 Lease Accounting Nightmares and How to Avoid Them

6 Lease Accounting Nightmares and How to Avoid Them

Transitioning to ASC 842 and IFRS 16 is a monumental undertaking with plenty of pitfalls along the way. All of the following nightmare scenarios have happened in real life. Learn from your fellow accountants and don’t let them happen to you. Nightmare #1:...
Lease Accounting Software Comparison: What You Need to Know

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...