Industry statistics show the overwhelming majority of tenants will overpay their landlord during the course of a property lease or rental. While no one wants to spend money they don’t have to, here are five ways commercial real estate tenants, franchisees, and other...
The new lease accounting standards ASC 842 IFRS 16 GASB 87 IFRS 16 vs ASC 842: What are the differences? Why were there changes to the lease accounting standards? New lease accounting standard examples When should you start the transition process? How to transition to...
In this blog, we will give an example of how to account for a lease modification under ASC 842 that does not expand or add additional assets to the original lease, but rather increases the lease term and changes the payment amounts. Because there isn’t an additional...
Jim Dooley, Vice President of Channels and Alliances, is the newest member of the LeaseQuery leadership team. With over 35 years of experience in sales, marketing, accounting, and leadership, Jim brings a comprehensive skill set to the LeaseQuery team. Jim knew he...
When you’re looking for equipment or real estate for your organization, lease vs buy is a critical analysis that your team must perform. Whether you decide to lease or buy is dependent on several factors, such as the type of item you’re debating over (real...
