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 Is More than Net Present Value

Lease Accounting Is More than Net Present Value

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...
In Plain English: ASC 842 and IFRS 16 Practical Expedients

In Plain English: ASC 842 and IFRS 16 Practical Expedients

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...
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...