Financial Statement Audits under ASC 842: Planning

Financial Statement Audits under ASC 842: Planning

Private organizations are moving closer to the required adoption date for ASC 842, Leases. The highly publicized lease accounting transition to ASC 842 will, qualitatively and quantitatively, impact a company’s financial statements in a significant manner. When...
Lease Accounting Compliance: Five Things To Remember

Lease Accounting Compliance: Five Things To Remember

Lease accounting compliance is crucial for your organization Understand the lease accounting standards Utilize your resources Gather a full scope of your leases Look out for errors within your leases Conduct due diligence in selecting your software solution What...
ASC 842 Disclosure Requirements: Example and Explanation

ASC 842 Disclosure Requirements: Example and Explanation

A focus on quantitative disclosures for lessees Why software makes generating disclosures more accurate and efficient Looking at quantitative disclosures in four “buckets” Lease costs Other information Weighted averages Maturity analysis ASC 842, Leases, is a...