Automating the Incremental Borrowing Rate for Lease Accounting Calculations
As companies manage their lease portfolios, they often need to update their discount rates to perform accounting calculations for new…
FASB Simplifies Accounting For COVID-19 Lease Concessions
Organizations suffering from the fallout of COVID-19 can now account for lease concessions as a variable expense regardless of whether…
Companies May Treat Cotenancy Clauses As Variable Expenses
Cotenancy clauses may need to be accounted for when social distancing ends if some stores don’t reopen their doors. Cotenancy…
COVID-19 and Lease Accounting with CoStar
The coronavirus pandemic (COVID-19) has impacted business, and life in general, in many ways. The impact to financial statements will…
50 FASB-Focused Fields You Can’t Do Without
Most companies are now aware of the pending FASB changes and some have even estimated the impact the new standard…
1 Year Countdown: Time Running Out to Meet New ASC 842 Lease Accounting Requirements
After December 15, 2018, public companies must comply with one of the most significant changes to financial reporting in 40…
10 Key Questions to Assess Lease Accounting Software Solutions
10 Key Questions to Assess Lease Accounting Software Solutions For companies evaluating potential software solutions for compliance with the new…
Most Companies Not Ready for New Lease Accounting Standards
Survey shows majority of organizations are not prepared to comply with the new FASB and IASB lease accounting standards. If…
New Lease Accounting Standards May Have a $700 Billion Impact to Fortune 500 Companies
The new lease accounting standards issued by the Financial Accounting Standards Board (FASB) and the International Accounting Standards Board (IASB)…
Readiness is the Best Game Plan: FASB Lease Accounting Changes
Readiness is the Best Game Plan If you are feeling ill prepared for the coming Financial Accounting Standards Board (FASB)…