Lease Accounting Insights
Expert guidance on ASC 842, lease management, and industry best practices
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iLeasePro Empowers Companies with ASC 842 Lease Accounting Compliance and Significant Cost-Saving Benefits
iLeasePro expands its ASC 842 capabilities, helping organizations streamline lease management from abstraction to disclosure—cutting audit time and costs while delivering accurate, compliant reporting.
ASC 842 Six Years Later: Transparency Gains, Costs Keep Rising
Six years on, ASC 842 delivers real transparency—bond markets price lease risk, banks assess credit more accurately, and analyst forecasts improve. But private companies face recurring costs and Day-2 complexity. Here’s what FASB could refine next, with links to key research.
How Every Accounting Role Contributes to Lease Accounting (ASC 842/IFRS 16)
Discover how lease accounting compliance and insights depend on every finance role. This guide shows contributions, impacts, risks, collaboration, and strategic value for 15 roles, ordered by collaboration, plus a matrix for quick reference.
Cost Analysis and Lease Accounting: Why They Work Better Together
Understand what cost analysis and lease accounting each do, how they reinforce one another, and the risks of separating them. Includes a 5-year equipment lease example with assumptions, calculations, and a variance table.
ASC 842 Lease Accounting Guide With Real Estate & Equipment Examples
A practical ASC 842 walkthrough with operating and finance lease examples (office space and equipment), sample journal entries, measurement inputs, disclosure checklist, and internal links for deeper dives on embedded leases, discount rates, and modifications.
ASC 842 Sale-Leasebacks: What Companies Need to Know
Under ASC 842, sale-leasebacks move owned property off the books and bring right-of-use assets and lease liabilities onto the balance sheet. This article explains finance vs. operating lease classification, provides journal entry examples, and highlights risks including leverage impact, variable payments, and covenant compliance.
The Hidden Costs in Leases
Hidden lease costs often stem from provisions buried in contracts—such as CAM charges, gross-ups, admin fees, and uncapped escalations. If mismanaged, these costs can not only lead to overpayments but also appear as Critical Audit Matters in audits. This article explains the key terms, shares a tenant rep example, and shows how proactive audits and technology-driven lease management protect your bottom line.
Top Challenges in Lease Management — And How to Turn Them Into Your Biggest Wins
Explore the top challenges companies face in lease management, including ASC 842 compliance, data silos, and manual errors, and learn how to turn each into a measurable business win.
FASB's Public Markets Advisory Committee Meeting Recap
PMAC members agree that the leases standard (ASC 842) enhances transparency for investors and improves lease management, but note high initial implementation costs and ongoing challenges with compliance, especially around embedded leases and discount rate calculations.
Protect Lease Data: Cybersecurity in Lease Management
As lease management systems evolve, so do the cybersecurity risks tied to sensitive lease data. This article explores practical data protection strategies, compliance with regulations like GDPR and CCPA, and how to mitigate risks across digital lease platforms to protect your company’s financial and operational integrity…
How to Calculate the Incremental Borrowing Rate
A step-by-step guide for private companies to determine and update the IBR under ASC 842, including asset class strategies and pros and cons of IBR vs. risk-free rate.
ASC 842 Made Simple: Complex Lease Accounting Explained
Lease accounting under ASC 842 doesn’t have to be confusing. Learn how to understand complex transactions—like lease liabilities, right-of-use assets, and lease modifications—using relatable, real-world examples.
Maximizing ROI with Lease Data Importing
Manually entering lease data is time-consuming and error-prone. Automating with an import feature saves hours, improves accuracy, and reduces costs. Discover how to maximize efficiency and ROI today…
How ASC 842 Changes the Top 10 Essential Accounting Reports
ASC 842 changes how leases appear in key accounting reports, from the balance sheet to the cash flow statement. Learn how these changes impact your financial reporting and compliance…
Avoiding Top 6 Common Pitfalls in ASC 842 Compliance
ASC 842 compliance presents challenges such as lease misclassification, poor data management, and incorrect discount rates. This guide covers the top 6 key pitfalls, solutions, and resources to help businesses navigate lease accounting effectively and stay compliant…
Navigating ASC 842’s Impact on Loan Covenants
ASC 842 changes lease accounting, impacting loan covenants by increasing liabilities and altering financial ratios. Learn how to navigate these challenges effectively…
Navigating EBITDA-Based Covenants Under ASC 842
ASC 842 alters EBITDA calculations by reclassifying lease expenses, impacting loan covenants. Companies must adapt to lender adjustments and ensure compliance…
How ASC 842 Impacts Financial Ratios and Loan Covenants
The adoption of ASC 842 has reshaped financial reporting by requiring operating leases to be recognized on the balance sheet. This shift impacts key financial ratios such as debt-to-equity, EBITDA, and return on assets, potentially affecting loan covenant compliance. Companies must reassess their financial strategies to manage these changes effectively…
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