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Read about ASC 842 & other lease accounting topics
Read about ASC 842 & other lease accounting topics
In February of 2016, the Financial Accounting Standards Board proposed a new lease accounting...
Updated on April 10, 2023: The first amendment in this update allows for private and certain...
Leasehold improvements and lease incentives sound like they would be incredibly similar things when...
Lease incentives: They sound straightforward. It’s just an incentive to sign a lease, right? Sort...
After FASB’s proposed delay at their April 8, 2020 meeting, the new lease standard will likely go...
Policy elections that must be made under the new lease accounting standard are a critical part of...
Lease accounting is applied at the lowest asset component. As a result, after you have identified...
What is Considered a Lease Under ASC 842? Not all arrangements qualify as a lease under the new...
Written by Ane Ohm on Tuesday, August 6, 2019 It’s been a couple of weeks since the FASB announced...
In May 2020, the Governmental Accounting Standards Board postponed the implementation date for the...
The footnote disclosure for the new lease standard enables financial statement users to assess the...
While embedded leases are not a new concept in accounting, they are now receiving a lot more...
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