What are the differences between real estate and equipment leases?
There are similarities and differences between real estate and equipment leases. While this post will delve into the details, it…
There are similarities and differences between real estate and equipment leases. While this post will delve into the details, it…
ASC 842 defines a lease as a contract – or part of a contract – that conveys the right to…
Asset-level lease accounting is a requirement under the new ASC 842 and IFRS lease accounting standards which requires the recording…
Previous to the new ASC 842 standard, a large portion of leases were relegated to the income statement and may…
Strong, battle-tested processes are crucial for accurate, successful day-to-day lease accounting, as well as lease accounting compliance with new standards.…
Investment in a new software system provides long-term benefits, generating significant efficiencies and cost savings over time. However, data transfer…
As ASC 842 compliance became effective for public companies, and private companies are now implementing compliance solutions in anticipation of…
Among the many data points for lease accounting compliance and ongoing lease management are the annual percentage yield (APY) and…
Fiscal calendars are an important element of lease accounting compliance, as the Finance Accounting Standards Board determined the effective dates…
The effects of globalization have reached virtually every aspect of business operations in many industries, including airlines, shipping and manufacturers.…