Lease Accounting Software Replacement Easier Than You Think
4 Simple Steps to Replace an Inadequate System Did your company adopt a new lease accounting software system for ASC…
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…
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…
CoStar for Corporate and Retail Tenants
CoStar for Corporate and Retail Tenants is the unique combination of the most comprehensive market information and the most collaborative…
What Deferred Rent meant Under ASC 840 and how it Really Impacts ASC 842
Under ASC 840, companies used the balance sheet account called deferred rent to enable straight-line rent expense. The deferred rent…
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.…
The Significance of Lease Accounting Practical Expedients and How to Manage Them
How Lease Accounting Practical Expedients came to be FASB amended the new leases standard to provide lease accounting practical expedients…
What is a Lease Accounting Discount Rate? A Useful Break Down
Lease Accounting Discount Rate A lease accounting discount rate is a measure of the lessee’s lease liabilities under the new…
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…
Lease Accounting and Lease Administration Teams: One Platform – Better Together
Lease Accounting requirements drove real estate and accounting together around shared data and processes. Leases change frequently. Lease Administration and…