Your hub for tenant lease management & lease accounting resources
If you are a commercial tenant, finding the right space for your business is crucial to your success. But there’s more to consider than just location and size – you also need to understand the financial implications of leasing a…
When accounting teams come across the term implicit interest rate, a quick search will tell them that this refers to…
One of the major changes that came with the transition from ASC 840 to ASC 842 was that leases must…
🏬 Retail Therapy Between convenience and community, both retailers and restaurateurs are filling a post-covid void for many consumers. People…
At the end of the 2020 fiscal year, the Financial Accounting Standards Board (FASB) made it mandatory for private, public,…
ASC 840 was the original accounting standard for leases that allowed companies to disclose their leases in the notes of…
Two new accounting standards put in place within the last three years have forever changed the way businesses report their…