Why Lease Accounting Software Systems Fail
Adoption of ASC 842 was challenging enough. No company implemented new lease accounting software expecting to replace it just a…
Breaking Down Deferred Rent under Robust GAAP Lease Accounting Rules
Defining Deferred Rent Deferred rent refers to the balance sheet account used primarily in legacy lease accounting standards (ASC 840…
Top 5 Audit Risks for Lease Accounting Compliance and How to Expertly Overcome Them
For years, corporate accounting teams have been implementing policies and processes for ASC 842 and IFRS 16 lease accounting compliance.…
Lease Accounting Automation: Saving Accountants Hundreds of Work Hours
Accounting teams pursuing the goal of continuous accounting already understand that the more automation, the better. Why? Automation distributes workloads…
Incremental Borrowing Rate for Lease Accounting: How to approach IBR in an expert recommended, practical way
ASC 842 requires lessees to use the rate implicit in the lease agreement for the Net Present Value (NPV) calculations…
World-Class Lease Accounting Automation Saves Accountants Hundreds of Hours
Accounting teams pursuing the goal of continuous accounting already know that world-class lease accounting automation saves accountants hundreds of hours…
10 Best Practices Saving Lease Accountants Hundreds of Hours
These 10 best practices, supported by advanced lease accounting automation, can save accounting teams hundreds of hours. Functional automation, automated…
Five Critical Lease Accounting Policy Decisions
Companies that haven’t yet adopted ASC 842 must make some important choices for lease accounting data and policy as the…
9 Key Functional Deficiencies Driving Companies to Replace ASC 842 Software
Adoption of ASC 842 and IFRS 16 was challenging enough. No company implemented new lease accounting software expecting to replace…
Lease Accounting Ad Hoc Reports with CoStar
Lease accounting ad hoc reports are made easy with CoStar. Unlike common types of accounting reports—such as roll forward and…