EY and LeaseAccelerator discuss the state of lease accounting, covering topics including compliance standards and the opportunity it brings to transform leasing into a value center.
Recently, Len Neuhaus, CPA, VP of Lease Accounting, submitted a letter on LeaseAccelerator’s views and requests for improvements to the FASB ASC 842 standard.
One of the biggest leasing issues facing businesses today is inaccurate or missing lease data for initial ASC 842/IFRS 16 compliance and ongoing data maintenance.
Faced with a new set of rules powered by a remote and decentralized workforce, new cash management strategies, and shifting real estate and equipment lease needs...
Although most cruise vacations may be paused right now, global cruise line corporations continue to leverage leasing as a strategic financial tool to enhance cash flow and reduce firm-wide risk.
If you’re in a private company or government organization, you get an extra year to prepare for lease management compliance with ASC 842 and GASB 87.