ASC 842: A Detailed Example of Applying the New Lease Accounting Standards
Boost your understanding of the new lease accounting standards with a comprehensive webinar led by one of our lease accounting experts.From lease commencement to subsequent journal entry preparation, our expert will walk you through each phase of the new standards and their concepts, helping you feel more prepared when it’s time for implementation.
Recent Blogs
Commercial Lease Overview: Lease Types, Management, Accounting, & More
1. Understanding commercial lease agreements Commercial leases of equipment 2. Commercial lease management Lease management software 3. Commercial lease types Gross lease / full-service lease Net lease Absolute net lease or "absolute NNN lease" Modified gross lease...
Materiality, Immateriality, and Material Misstatements in Accounting Explained
What is materiality in accounting? Materiality is the accounting concept that the more significant missing or incorrect information is to an entity, the larger impact the error or omission may have on the decision-making of users of the affected financial statements....
How to Replace Your Lease Accounting Solution
During many organizations’ initial implementation of the lease accounting standards, a software was selected to assist in crossing the finish line to compliance. If the selection of lease accounting software was frantic or last minute, you may not have had the...
