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Lease Management & Lease Accounting Blog

Audit

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• 11 min read

Pre-Audit Self-Assessment for ASC 842 Compliance

This comprehensive guide addresses key questions including: What is a pre-audit self-assessment for ASC 842 compliance? and What steps are involved in an ASC 842 pre-audit self-assessment?. Learn about compliance requirements, audit expectations, and best practices for audit under ASC 842.

• 10 min read

IBR Documentation Requirements for Audit

This comprehensive guide addresses key questions including: What IBR documentation is required for an ASC 842 audit? and How do auditors verify Incremental Borrowing Rate (IBR) calculations?. Learn about compliance requirements, audit expectations, and best practices for audit under ASC 842.

• 11 min read

Completeness Testing Procedures for Lease Populations

This comprehensive guide addresses key questions including: What are the key completeness testing procedures for lease populations? and How do auditors ensure the completeness of lease data under ASC 842?. Learn about compliance requirements, audit expectations, and best practices for audit under ASC 842.

• 9 min read

ASC 842 Audit Adjustments: Common Corrections and Prevention

This comprehensive guide addresses key questions including: What are common ASC 842 audit adjustments? and How can companies prevent ASC 842 audit findings?. Learn about compliance requirements, audit expectations, and best practices for audit under ASC 842.

• 10 min read

Embedded Leases in Service Contracts: Identification Checklist

This comprehensive guide addresses key questions including: How do I identify embedded leases in service contracts? and What are the key indicators of an embedded lease?. Learn about compliance requirements, audit expectations, and best practices for audit under ASC 842.

• 12 min read

ASC 842 Audit Readiness Checklist

This comprehensive guide addresses key questions including: What is an ASC 842 audit readiness checklist? and How can I prepare for an ASC 842 audit?. Learn about compliance requirements, audit expectations, and best practices for audit under ASC 842.

• 10 min read

ASC 842 PBC List: Complete Documentation Guide

This comprehensive guide addresses key questions including: What documentation is required for an ASC 842 audit? and How do I prepare a PBC list for ASC 842 compliance?. Learn about compliance requirements, audit expectations, and best practices for audit under ASC 842.

• 11 min read

Lease Population Completeness

This comprehensive guide addresses key questions including: How do auditors verify lease population completeness under ASC 842? and What are the key steps in ensuring lease population completeness for ASC 842 compliance?. Learn about compliance requirements, audit expectations, and best practices for audit under ASC 842.