Lease Accounting
FEATURED ARTICLES
All articles in this category pertain to lease accounting. Lease accounting is the process of recording a company’s leasing activity on its financial statements. The major reporting standards for lease accounting are maintained by FASB, GASB, and IASB. The most recent standards are ASC 842, GASB 87, and IFRS 16.
Learn more about lease accounting below.
Recent articles
FASB expands conceptual framework with reporting entity info
Changes to the conceptual framework for financial reporting under FASB.
What Nonprofits Need to Know About ASC 842
Tips for nonprofits transitioning to ASC 842
FASB Amends Lease Accounting for Common Control Arrangements
Learn about the FASB update for arrangements between entities under common control.
Accounting for Leases under IFRS 16: An Overview
This article provides an overview of the lease accounting standard, IFRS 16.
Post-Transition Policy and Procedure Considerations for Lease Accounting
Everything you need to know about post-transition lease accounting.
Best practices for implementing the new lease accounting standard
Learn the best tips for implementing ASC 842.
