What is IFRS lease accounting?
IFRS lease accounting refers to the set of international standards that companies follow to account for leases in their financial…
Day 2: What happens after lease accounting compliance implementation
While busy preparing for new lease accounting standards and requirements for reporting, forward-thinking private companies are also thinking beyond the…
Why lease accounting projects fail
The new FASB and IASB lease accounting standards are official and it’s time to create a compliance plan. Some fail…
Lease Accounting Project Roles
Compliance with the new ASC 842 and IFRS 16 lease accounting standards involves more than the Accounting department. While centralizing…
Lease accounting with Blackline reconciliation technology
Thanks to technology, big strides have been made in the accounting industry to transition from a reactive method to more…
CoStar lease management software proven to integrate successfully with Oracle
An important part of lease accounting compliance is selecting a lease accounting software that will readily integrate with existing systems…
What are IFRS lease accounting journal entries?
In order to accurately account for the lease, businesses use an accounting journal entry to enter a lease accounting transaction…
The benefits of soliciting lease accounting software technology criteria from different departments
Companies are tackling the complex decision-making process of selecting a new software for ASC 842 and IFRS 16 lease accounting…
What are lease accounting practical expedients?
In response to the major challenges reported associated with lease accounting compliance, FASB amended the new leases standard to provide…
What is deferred rent under current GAAP lease accounting rules?
At the beginning of a lease, it’s not unusual for the lessee to be given free rent for one or…