by LeaseQuery | Aug 4, 2021 | Articles, IFRS 16, Lease Accounting
Summary provided by MaterialAccounting.com: This article provides advice for small businesses learning to account for leases under IFRS 16. It includes the benefits of adopting the new standard. Under IFRS 16 Leases, the new lease accounting standard that replaced IAS...
by LeaseQuery | Aug 3, 2021 | Articles, ASC 842, Lease Accounting
Summary provided by MaterialAccounting.com: In this article, lease accounting experts discuss their the main challenges they faced when adopting the new standards and offer advice for your transition. Private companies are either in the process of implementing...
by LeaseQuery | Jul 23, 2021 | Articles, GASB 87, Lease Accounting
Summary provided by MaterialAccounting.com: This article explains how to calculate liability amortization under GASB 87. Examples are provided. The new lease accounting standard for state and local governments enhances the transparency of leasing transactions and...
by LeaseQuery | Jul 23, 2021 | Articles, Lease Accounting
Summary provided by MaterialAccounting.com: Small businesses managing the transition to the new standards will benefit from these tips for small business lease accounting. After much delay, the compliance deadline for the new lease accounting rules is fast...
by LeaseQuery | Jul 12, 2021 | Articles, ASC 842, Lease Accounting
Summary provided by MaterialAccounting.com: This article defines depreciation expense and uses examples to explain the methods available for calculating it. What is depreciation? Depreciation is a way to account for the reduction of an asset’s value as a result of...
