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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..

Future Ready CPAs: Embracing Process Automation for Sustainable Growth

The accounting landscape is rapidly evolving. Technology, client expectations, and market dynamics...

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

There’s no two ways about it: Lease accounting can seem very confusing. But when you have experts...

Using the Straight-Line Method of Expense in Lease Accounting

First things first: Let’s set some definitions straight, because straight-line expense is different...

Operating Lease vs Finance Lease: What’s the Difference?

The Financial Accounting Standards Board changed the lease accounting game forever when they...

Lease Transition Guidance for the New Standards

Do you have lingering questions about transition leases and current lease accounting standards? In...

Fixed vs Variable Lease Payments: ASC 842 Lease Accounting

When it comes to fixed and variable lease payments, ASC 842 can make things a little sticky. There...

Rent Accounting for ASC 842: Prepaid Rent, Journal Entries, and More

Getting paid ahead of time or paying in advance is always a perk.

Deferred and Accrued Rent Under ASC 842

Deferred and accrued rent are somewhat related in that they both have to do with some element of...

Accounting for ASC 842 in Your Cash Flow Statement

What is the Statement of Cash Flows for 842? The statement of cash flows provides key information...

The Complete Guide to ASC 842 Month-to-Month Leases

What are ASC 842 Month-to-Month Leases? What is the Term of a Month-to-Month Lease? Accounting for...

What is Capital Lease Accounting?

Quite a while ago, the term ‘capital leases’ was dropped by FASB.

What is Sale and Leaseback?

A sale and leaseback agreement is a transaction where the seller of an asset becomes the lessee and...

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

Future Ready CPAs: Embracing Process Automation for Sustainable Growth

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

Using the Straight-Line Method of Expense in Lease Accounting

Operating Lease vs Finance Lease: What’s the Difference?

Lease Transition Guidance for the New Standards

Fixed vs Variable Lease Payments: ASC 842 Lease Accounting

Rent Accounting for ASC 842: Prepaid Rent, Journal Entries, and More

Deferred and Accrued Rent Under ASC 842

Accounting for ASC 842 in Your Cash Flow Statement

The Complete Guide to ASC 842 Month-to-Month Leases

What is Capital Lease Accounting?

What is Sale and Leaseback?

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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