What is Lease Accounting? A Lot More Than Net Present Value

What is Lease Accounting? A Lot More Than Net Present Value

What do the new standards require? Lease accounting calculations Lease liability amortization schedule Right of use asset Straight line rent expense Discount rate Decisions you need to make Don’t miss the opportunity the new standards provide Lease accounting is...
How To Wake Up from these 9 Lease Accounting Nightmares

How To Wake Up from these 9 Lease Accounting Nightmares

Transitioning to ASC 842, IFRS 16, or GASB 87 is a monumental undertaking. No matter which standard you’re transitioning to, you’re probably already having nightmares about numbers and spreadsheets. We know it can be scary but it’s important not to let those lease...
Audit Procedures for Leases under ASC 842

Audit Procedures for Leases under ASC 842

This article was written in collaboration with LeaseQuery’s valued partner, LBMC. For more information on LeaseQuery partnerships, please visit our partner page. Whether internal or external, auditors can play key roles during the adoption of ASC 842. Internal audit...