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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..

Finance vs. Operating Lease: Which is Right for You?

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

Lessor vs Lessee: What’s the Difference?

Navigating leases can be a challenge, especially when it comes to distinguishing between a lessee...

When the New Lease Standard Goes Into Effect and Other Key Dates

In February of 2016, the Financial Accounting Standards Board proposed a new lease accounting...

From Spreadsheets to Lease Accounting Software: Leave it in the Past

You’ve probably heard a lot about spreadsheets in relation to lease accounting. Perhaps after your...

FASB Amends the New Lease Standard: ASU 2018-11

Updated on April 10, 2023: The first amendment in this update allows for private and certain...

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...

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...

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

Finance vs. Operating Lease: Which is Right for You?

Lessor vs Lessee: What’s the Difference?

When the New Lease Standard Goes Into Effect and Other Key Dates

From Spreadsheets to Lease Accounting Software: Leave it in the Past

FASB Amends the New Lease Standard: ASU 2018-11

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?

Observations: Possible delay of New Lease Standard Implementation

Why Public Companies Shouldn’t Use Spreadsheets for Lease Accounting

Eliminate Lease
Accounting Errors

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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