Lease Accounting After COVID-19: Navigating the New Normal
LeaseQuery conducted a survey to analyze 400+ accounting and financial executives on the lease impacts from COVID-19. We found cost optimization, flexibility, and liquidity are now the key goals driving companies’ plans to right-size and renegotiate their real estate and leasing footprint in 2021. This on-demand webinar explores the data and details from the recent COVID-19 Lease Impact Report: How Companies are Navigating Lease Accounting’s New Normal.
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...
