Business Wire

ASC 842 and GASB 87 Accounting Experts Join Forces to Share Essential Transition Advice at LeaseQuery’s Virtual LEASE Summit

ATLANTA--(BUSINESS WIRE)--LeaseQuery, a leading provider of software built to simplify the complexities of accounting, today announced the LEASE Summit (Lease Essentials: Advice Shared by the Experts) ...

Crunchafi Hosts Webinar to Help Firms Navigate Judgment Calls and “Fine Print” Under ASC 842

As firms continue to operationalize ASC 842, many of the most challenging issues are no longer about basic implementation, but about the “fine print” decisions that drive ongoing compliance and audit ...
The Business Journals

New ASC 842 lease accounting in oil and gas, renewable energy and utilities

To continue reading this content, please enable JavaScript in your browser settings and refresh this page. Accounting for leases requires lessees to record on their ...
Business Wire

New Report From The Visual Lease Data Institute Reveals Urgent Action Needed for Private Companies to Comply With Lease Accounting Standard ASC 842

WOODBRIDGE, N.J.--(BUSINESS WIRE)--Visual Lease, the #1 lease optimization software provider, today unveiled the results of an in-depth study of 500 senior finance and accounting professionals ...
Accounting Today

How FASB’s new ASC 842 transition option will affect lessees and investors

Members of the Financial Accounting Standards Board voted 6 to 1 at a meeting in March to create a new, optional transition method for lessees under the ASC 842 lease accounting standards. The new ...
FOX8 Cleveland

iLeaseXpress: Affordable ASC 842 Lease Accounting Solution for Companies Moving Beyond Spreadsheets, Starting at $99/Mth

iLeaseXpress: An easy-to-use, affordable ASC 842 cloud solution for companies managing 15 leases or fewer, starting at just $99/month. Free for under 5 leases. Many companies use spreadsheets, which ...
JournalofAccountancy

Initial direct cost and deferred rent under FASB ASC 842

FASB Accounting Standards Codification (ASC) Topic 842, Leases, issued in February 2016, marked a significant overhaul in the financial reporting of long-term leases. Its adoption created many ...
Bisnow

A New Lease Standard: Preparing For ASC 842

Turner Levison is focused on helping CRE brokers with Yardi's tools from the CommercialEdge brand. He was the CEO and Co-Founder of CommissionTrac, a deal flow and commission management platform for ...
JD Supra

ASC 842: Implementing The New Lease Accounting Standard

In 2016, the Financial Accounting Standards Board (FASB) issued Accounting Standards Update (ASU) 2016-02, Leases. This new lease accounting standard (ASC 842) significantly impacts how private and ...
JD Supra

Covenants Reconsidered In Preparation for New Lease Accounting Rules (ASC 842; IFRS 16)

A joint effort by the Financial Accounting Standards Board (“FASB”) and the International Financial Reporting Standards Foundation (“IFRS”) will fundamentally reset the accounting treatment of leases ...
Entrepreneur

Making a Seamless Move to FASB ASC 842 Audits

When the calendar flipped from 2021 to 2022, your private company didn’t only enter yet another year. Instead, it entered when the latest Financial Accounting Standards Board (FASB) ASC 842 compliance ...
Bisnow

A New Lease Standard: Preparing For ASC 842

Turner Levison is focused on helping CRE brokers with Yardi's tools from the CommercialEdge brand. He was the CEO and Co-Founder of CommissionTrac, a deal flow and commission management platform for ...