Retail earnings may be impacted by transitioning to new ASC 842 lease accounting standard
The new ASC 842 lease accounting standard was designed to produce very little, if any, impact on corporate earnings. However…
Deadline extension: Private companies likely have until January 2021 for ASC 842 lease accounting compliance
Private companies are likely to get another year to figure out ASC 842 lease accounting compliance. The Financial Accounting Standards…
Beyond ASC 842 Lease Accounting Compliance: What Companies Should Know
As accounting teams rush to implement policies and processes for the new ASC 842 standard, most companies aren’t looking past…
New lease accounting standards require more than anticipated
Two important lease accounting lessons learned for private companies: Companies are usually stunned to realize just how many leases they…
Insight on pricing model for lease accounting software for manage real estate and equipment lease management
When shopping for lease accounting software, it’s important to know pricing models vary, making an already complex decision even more…
Lease accounting compliance transition team roles
When tacking lease accounting initiatives, it’s important to realize the scope of departments affected and ensure everyone is represented on…
Lease Accounting Guide
For most companies, adding real estate and equipment leases onto the balance sheet will be a sizable task. While each…
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…
10 questions: A guide for lease accounting software comparison
Across the US, businesses are selecting the best lease accounting software to meet compliance requirements and ongoing business operations. FASB…
What is the lease accounting effective date for private companies?
The accounting industry has been buzzing with news and updates regarding ASC 842 lease accounting compliance for a while, as…