Matt Waters, CPA

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…