Recent articles

Lease Purchase Options and More Intersections of Fixed Assets and Lease Accounting Explained with a Full Example
An overview of fixed asset accounting and accounting for leases under ASC 842
Watch out: Top focal points for audit season
This article explores top tips for upcoming audits.

The New Lease Accounting Standard Is Here, Are You Ready?
This article provides an overview of the new FASB standard, ASC 842

ASC 842: The New Lease Accounting Standards Explained with Examples, Effective Dates, & More
A full explanation of ASC 842, the new lease accounting standard, with accounting examples.
FASB proposes to add recognition, derecognition guidance to conceptual framework
This article discusses a new FASB proposal about financial statements.

Why Fixed Asset Software Isn’t Suitable for the New Lease Accounting Standards
Learn why fixed asset software won’t work for the transition to ASC 842.