ASC 842: Developing Your Practical Expedients and Policies
We understand that identifying your company’s policies can be one of the most challenging aspects of adopting the new lease accounting standards. Follow along during this webinar as we outline the policies you need to consider implementing or adjusting, including discount rates, capitalization thresholds, short term leases, asset class designation, and more. You will also learn what to be aware of when considering which practical expedients to adopt.
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There’s Still Time to Improve Your Lease Accounting
For many organizations, audit season is approaching. This means this is a great time to reassess your current processes and policies for lease accounting. Your organization may have only gone through one or a couple of audits after adopting ASC 842. Post-adoption, new...
NetSuite Lease Accounting: What You Need to Know
Are you considering doing your lease accounting in NetSuite? Oracle NetSuite is one of the most well-known accounting software solutions on the market. Its popularity is due to its wide range of accounting functionalities and superb customer support. While NetSuite is...
Outsourcing Your Lease Accounting: 4 Best Practices to Consider
Businesses are busy. With limited time and resources, and not enough people on staff, it may be time to pass the task of maintaining compliance under the lease accounting standards on to an accountant or consulting firm. Working with an accountant or CPA has numerous...
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