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You’ve probably heard a lot about spreadsheets in relation to lease accounting. Perhaps after your first audit with the new lease standards, you’re...

Updated on April 10, 2023: The first amendment in this update allows for private and certain not-for-profit entities to use the written terms of the...

Policy elections that must be made under the new lease accounting standard are a critical part of implementation planning. They impact your clients’...

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

If your clients use spreadsheets to maintain their leases, you know what a pain they can be. Spreadsheets are error-prone, difficult to adjust and...

The new lease standard is a complex one, with many complicated factors involved in making the transition. While some corporations have opted to use...

As a CPA, you know the importance of maintaining independence while working with your clients. At the same time, your clients rely on you for...

The footnote disclosure for the new lease standard enables financial statement users to assess the amount and timing of cash flows arising from...

How are you helping your clients implement the new lease accounting standard, and what are they doing now to prepare for it? Besides the jaw dropping...

LeaseCrunch Helps CPA Firms Maintain Independence while Implementing the New Lease Standard

I get it: the 2021 audit season is probably the craziest busy season your CPA firm has ever seen. 

When it was time for public companies to implement the new lease accounting standard, many opted for a tool they already know: spreadsheets. Similar...