LeaseCrunch Lease Accounting Software Blog

Featured Blogs

A Complete Guide to ASC 842 Journal Entries: ASC 842 with Examples

In this blog, we took the concepts about which we get the most questions and provided examples and thorough walkthroughs of how to deal with them correctly and easily.

Finance vs Operating Leases: What’s the Difference?

Let’s start with some basic definitions and then jump into the nitty gritty, answering questions..

Accounting for GASB 87 and GASB 96

GASB 87 and GASB 96 are similar, yet very different. Both share the characteristic of further..

Readiness Assessment: How Ready Are You for the New Lease Standard?

After FASB’s proposed delay at their April 8, 2020 meeting, the new lease standard will likely go...

Help Clients With Policy Decisions in the New Lease Standard

Policy elections that must be made under the new lease accounting standard are a critical part of...

How Do I Know If My Lease Has Multiple Lease Components?

Lease accounting is applied at the lowest asset component. As a result, after you have identified...

Advantages of Using Software to Implement the New Lease Standard

Implementing the new lease standard is complex if you try to do it in spreadsheets, even for...

What Qualifies as a Lease under the New Lease Standard?

What is Considered a Lease Under ASC 842? Not all arrangements qualify as a lease under the new...

Off-Balance Sheet Financing (OBSF) Under the New Accounting Standards

Back in the early 2000s, there was an energy-trading and utility company named Enron. Based out of...

Observations: Possible delay of New Lease Standard Implementation

Written by Ane Ohm on Tuesday, August 6, 2019 It’s been a couple of weeks since the FASB announced...

Why Public Companies Shouldn’t Use Spreadsheets for Lease Accounting

If your public company clients use spreadsheets to maintain their leases, you know what a pain...

The Hidden Costs of Clients Using Spreadsheets to Implement ASC 842

If your clients use spreadsheets to maintain their leases, you know what a pain they can be....

6 Reasons to Implement the New Lease Standard ASAP

FASB’s proposal to once again delay implementation of the new lease standard by one year for...

How Do I Help Clients Start Preparing for the New Lease Standard?

Your clients are hopefully well aware that implementation of the new lease standard is just around...

5 FAQs About Embedded Leases

#1: What is an Embedded Agreement? A single agreement can have multiple aspects to it that require...

Blog

Featured Blogs

A Complete Guide to ASC 842 Journal Entries: ASC 842 with Examples

Finance vs Operating Leases: What’s the Difference?

Accounting for GASB 87 and GASB 96

Readiness Assessment: How Ready Are You for the New Lease Standard?

Help Clients With Policy Decisions in the New Lease Standard

How Do I Know If My Lease Has Multiple Lease Components?

Advantages of Using Software to Implement the New Lease Standard

What Qualifies as a Lease under the New Lease Standard?

Off-Balance Sheet Financing (OBSF) Under the New Accounting Standards

Observations: Possible delay of New Lease Standard Implementation

Why Public Companies Shouldn’t Use Spreadsheets for Lease Accounting

The Hidden Costs of Clients Using Spreadsheets to Implement ASC 842

6 Reasons to Implement the New Lease Standard ASAP

How Do I Help Clients Start Preparing for the New Lease Standard?

5 FAQs About Embedded Leases

Eliminate Lease
Accounting Errors

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Who We Serve

Company

Resources

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Blog

Featured Blogs

A Complete Guide to ASC 842 Journal Entries: ASC 842 with Examples

Finance vs Operating Leases: What’s the Difference?

Accounting for GASB 87 and GASB 96

Eliminate Lease Accounting Errors

Products

Who We Serve

Company

Resources

Support

Eliminate Lease
Accounting Errors