What Every Accountant Should Know About ROU Assets
ASC 842 and IFRS 16 have drastically changed the face of lease accounting. The ROU, or “Right of Use” asset…
Your Guide to ROU Assets and How to Calculate Them
This guide will share everything you need to know about ROU assets—what the term means, how to calculate ROU, and…
Lease Impairments of ROU Assets
Lease impairments refer to accounting scenarios where the carrying value of a right-of-use (ROU) asset associated with an operating lease…
Preparing For Your Audit Under ASC 842
You put in the hard work to transition to ASC 842, the new lease accounting standard. You’ve got your amortization…
ASC 842’s Effect on EBITDA
Many businesses have only recently adopted ASC 842, the new lease accounting standard, pending their effective dates. Finance teams are…
The Only Guide You Need to Understand Lease Accounting
Accountants know lease accounting has undergone drastic changes due to the enactments of ASC 842 and IFRS 16. The financial…