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Implementing the new lease standard is complex if you try to do it in spreadsheets, even for organizations with a few leases. Beyond the complexity...

If your public company clients use spreadsheets to maintain their leases, you know what a pain those spreadsheets can be. They are error-prone,...

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

We know what you’re thinking. 

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

As discussion and concern around implementing the new lease standard increased this year, there was much to be said about the readiness (or lack...

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

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

The Private Company Council (PCC) and the Small Business Advisory Committee (SBAC) recently met and discussed the implementation of ASC 842,...

When a CPA firm attests to the accuracy of a client’s financial statements, maintaining independence is important to assure the firm was not unduly...

How much does lease accounting software cost? As your firm examines the work involved with implementing and maintaining the new lease standard,...

Important note: This is a judgment-based standard, which means there are few hard-and-fast rules and the treatment of your leases will depend on your...