Lease Accounting Standard Archive
Lease Changes Under ASC 842: When to Remeasure and Reassess
Written by Breanna Fletcher, CPA Not-for-profit organizations often manage a diverse lease portfolio, including facilities, office… Read More
Lease Accounting Considerations for Manufacturers
Written by Christa Julien, CPA It has been nearly five years since Accounting Standards Update No. 2016-02, Leases (Topic 842) bec… Read More
Implementing the New FASB Lease Accounting Standard: About the Discount Rate
Originally published 10/6/2022 and updated 2/17/2023 to include a current example of risk-free rate. Your discount rate, which im… Read More
Implementing the New FASB Lease Accounting Standard: Key Changes to Lessor Accounting
Substantial changes are underway for lessee accounting under Topic 842, Leases. However, lessor accounting remains relatively unch… Read More
Implementing the New FASB Lease Accounting Standard: Choosing the Right Software
The new leasing standard ASC Topic 842 Leases has been in the works for a number of years but is effective for private companies a… Read More
Implementing the New FASB Lease Accounting Standard: Lease Classification
Accounting Standards Update No. 2016-02, Leases and Subsequent Updates (Topic 842), classifies leases into finance leases and operating leases. Read More
Implementing the New FASB Lease Accounting Standard: Scope Exceptions
To appropriately implement Accounting Standards Update No. 2016-02, Leases and Subsequent Updates (Topic 842), it is crucial to id… Read More
Implementing the New FASB Lease Accounting Standard: Calculating the Lease Liability
Calculating the lease liability is a fundamental aspect of accounting for leases under the new lease accounting guidance, ASC 842. Read More
Implementing the New FASB Lease Accounting Standard: Determining the Lease Term
Once you’ve identified your leases requiring accounting under Accounting Standards Update No. 2016-03, Leases (Topic 842), a… Read More
Clark Nuber PS Partners with LeaseCrunch
Clark Nuber is partnering with LeaseCrunch to assist organizations in implementing the new FASB lease accounting standard ASC, Top… Read More
