The Most Common Lease Accounting Discount Rate Myths

Understanding and Avoiding Discount Rate Myths in Lease Accounting As companies adopt ASC 842, selecting and estimating the discount rates embedded within their various leases will play an important role in their implementation as well as their accounting going [...]

By |2021-12-03T16:34:49-05:00November 1st, 2021|Categories: Audit, Blog, Lease Accounting, Tax|0 Comments

How to Calculate a Discount Rate for Lease Accounting

One of the many determinations companies need to make as they implement ASC 842, the new lease accounting standard, is calculating the appropriate discount rate for their leases. For lessees, selecting and estimating the discount rate will have an [...]

By |2021-12-03T16:48:11-05:00September 21st, 2021|Categories: Audit, Blog, Frank Balestreri, Lease Accounting|0 Comments

6 Steps Private Companies Should Take to Prepare for ASC 842 Lease Accounting

Get Prepared for ASC 842 Lease Accounting Standard Private companies and nonprofits will soon be subject to the ASC 842 lease accounting standard. Adoption of this standard is effective for annual reporting periods ending after December 15, 2021. For [...]

By |2021-11-19T17:44:01-05:00August 4th, 2021|Categories: Blog, Kevin Burke, Lease Accounting, Outsourced Accounting, Software|Comments Off on 6 Steps Private Companies Should Take to Prepare for ASC 842 Lease Accounting
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