Lease Accounting


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.

ASC 842 Transition Guide

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ASC 842 Transition Guide