2019 was an exciting year at LeaseQuery! As we take a look back, we wanted to share some of our favorite milestones and express our gratitude to everyone who allowed us to accomplish our goals. We were ranked one of Atlanta’s Top Five Fastest Growing Companies by the...
What is lease classification? Operating vs finance leases under ASC 842 Transference of title/ownership to the lessee Purchase option Lease term and the remaining economic life of the asset Present value vs fair value of the asset Asset specialization Operating vs....
Discount rate What to do when there’s no rate implicit in the lease Incremental borrowing rate What you need to calculate incremental borrowing rate (IBR) What not to do Changes from legacy GAAP to the new standards Choosing the right solution One of the most...
Lease liability and calculation Right-of-use asset and calculation ROU asset and operating leases ROU asset and finance leases Subsequent lease liability and journal entries Subsequent ROU asset and journal entries Impact on income, EBITDA, and debt Examples of...
We’ve all heard the way that organizations buy and use software is changing. The rise of Software as a Service (SaaS) has empowered many business users to find, choose, and implement software without IT’s involvement. Beyond implementation, the IT and security teams...
