In 2016, the Financial Accounting Standards Board (FASB) issued Accounting Standards Update (ASU) 2016-02, Leases. This new lease accounting standard (ASC 842) significantly impacts how private and ...

It won’t make a sound. No tremor will be felt. But by the end of this year, as much as $3 trillion in lease liabilities will have landed on the balance sheets of our nation’s public companies. The ...

The US GAAP lease accounting standard, ASC 842, requires that all leases, both operating and finance, are moved on-balance sheet unless the lease term is less than 12 months. The on-balance sheet ...

The Financial Accounting Standards Board’s (FASB) recent lease accounting standards (ASC 842) are impacting toll agreements for stand-alone battery energy storage systems (BESS). These standards ...

The new standard requiring all leases longer than 12 months to be recorded on balance sheets is now in effect for nonpublic companies with a fiscal year beginning after Dec. 15, 2021. Processing ...

ATLANTA, April 12, 2018 (GLOBE NEWSWIRE) -- PowerPlan, the leading provider of Lease Accounting software, is pleased to announce its Lease Accounting Readiness Checklist, which has helped ...

This content was paid for by an advertiser and created by Crain's Custom Content. The new Financial Accounting Standards Board (FASB) and international financial reporting standards (IFRS) lease ...

In February 2016, the Financial Accounting Standards Board issued an update known as ASC 842 that, among other changes, brings most leases onto the balance sheet. Now, all of a company’s operating ...

To continue reading this content, please enable JavaScript in your browser settings and refresh this page. In July 2019, the Financial Accounting Standards Board ...

BEVERLY, Mass.--(BUSINESS WIRE)--iLease Management LLC (“iLease”), developer of the iLeasePro, the cloud-based ASC 842 Lease Accounting solution announced today it has joined the Acumatica Development ...

WOODBRIDGE, N.J.--(BUSINESS WIRE)--Visual Lease, the #1 lease optimization software provider, today unveiled the results of an in-depth study of 500 senior finance and accounting professionals ...

iLeaseXpress: An easy-to-use, affordable ASC 842 cloud solution for companies managing 15 leases or fewer, starting at just $99/month. Free for under 5 leases. Many companies use spreadsheets, which ...