Blog Posts & Lease Accounting Articles.

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Thumbnail Picture of Straight Line Expense Method How It Works and Why It Matters by Black Owl Systems
May 7, 2025

When businesses rent properties or machinery, they do not necessarily pay the same every month; in […]

Thumbnail Picture of Understanding the Discount Rate in Lease Accounting Simple Guide by Black Ow Systems
April 23, 2025

Possible-way out of taking care of lease accounting, and the moment you hear the term “discount […]

Thumbnail Picture of Lease Schedule Explained by Black Owl Systems
April 16, 2025

The moment that a person begins to appreciate the touching world that is so popular with […]

Thumbnail Picture of The Financial Impact of a Capital Lease on Your Business by Black Owl System
April 15, 2025

If your company requires equipment or property but does not want to purchase it outright, a […]

Imagen Is Your Lease Accounting Software Still the Right Fit Black Owl System
April 10, 2025

When companies first transitioned to the new lease accounting standards (ASC 842 and IFRS 16) in […]

Thumbnail Picture of ASC 842 Compliance for Lessors: Challenges & Solutions
April 1, 2025

While ASC 842 does not fundamentally overhaul lessor accounting, it introduces critical updates that require finance […]

Thumbnail Picture of Accretion Expense: Impact on Financial Statements & Valuations
March 28, 2025

When you are thinking about business finances, accretion expense might not be the first that comes […]

Imagen Lease Accounting Review Ensure ASC 842 IFRS 16 Compliance Black Owl Systems
March 25, 2025

The year-end audit is complete — but what happens next is just as important. One of […]

Thumbnail Picture of IFRS 16 vs. ASC 842 Key Differences Explained Simply by Black Owl Systems
March 21, 2025

When considering lease accounting, two primary standards dominate the field: IFRS 16 and ASC 842.  Both […]

Thumbnail Picture of Common Lease Accounting Mistakes (and How to Avoid Them) by Black Owl Sytems
March 18, 2025

Lease accounting can be challenging for many companies, with even experienced professionals finding it difficult to […]

Thumbnail Picture of Lease Accounting for Small Businesses What You Need to Know by Black Owl Systems
March 6, 2025

For small businesses, effective lease accounting is not just about compliance it’s a vital tool for […]

Thumbnail Picture of Lease Accounting for Small Businesses What You Need to Know by Black Owl Systems
March 4, 2025

Lease accounting plays a crucial role in maintaining financial stability and compliance for small businesses. Whether […]

Thumbnail Picture of Common Lease Accounting Mistakes (and How to Avoid Them) by Black Owl Sytems.jpg
February 25, 2025

Avoid errors costs: common lease accounting mistakes and how to solve them Lease accounting can be […]

October 9, 2024

Navigating the complexities of lease accounting can be challenging, but understanding the intricacies of prepaid rent […]

September 30, 2024

A sale leaseback transaction is a financial arrangement where you, as the owner of an asset, […]

September 26, 2024

After the initial adoption of the lease accounting standards ASC 842 and IFRS 16, organizations continue […]

March 7, 2024

Understanding the different types of commercial leases and their accounting implications is a critical aspect of […]

January 15, 2024

An Asset Retirement Obligation (ARO) is a liability you must manage when handling long-lived physical assets. […]

January 10, 2024

Practical expedients under ASC 842. With the introduction of ASC 842, the Financial Accounting Standards Board […]

December 22, 2023

The year-end close process is a pivotal juncture for accounting professionals, and its significance is magnified […]

December 15, 2023

The Incremental Borrowing Rate (IBR) plays a crucial role in lease accounting, especially for lessees. As […]

December 14, 2023

In the world of accounting, lease accounting journal entries hold a significant place when it comes […]

December 3, 2023

Lease Accounting For Finance Transformation: The finance landscape is undergoing a seismic shift, with finance transformation […]

November 17, 2023

The implementation of ASC 842 brings about changes to lease accounting standards that directly impact both […]

November 17, 2023

How does ASC 842 affect EBITDA? The adoption of ASC 842, the new lease accounting standard […]

October 14, 2023

In the complex world of lease-related processes, it’s crucial for finance and accounting professionals to distinguish […]

October 12, 2023

Lease accounting standards have significantly changed in recent years, resulting in new rules and calculations for […]

October 12, 2023

Straight-line depreciation is a crucial concept in accounting, allowing businesses to spread the cost of an […]

September 27, 2023

In today’s business landscape, the finance and accounting sectors face mounting pressures especially with complex accounting. […]

September 14, 2023

In the world of finance and accounting, effective asset management for both fixed assets and leased […]

September 14, 2023

In the realm of finance and accounting, the importance of lease amortization schedules is paramount. This […]

September 1, 2023

In today’s evolving business landscape, CFOs and their teams face a myriad of challenges. Among these, […]

August 30, 2023

Introduction For new finance leaders stepping into fresh roles, or for seasoned professionals gearing up for […]

August 28, 2023

When we mention lease accounting software, the immediate association is with financial reporting. Given the complexities […]

lessee vs lessor
August 27, 2023

When dealing with lease agreements, understanding the lessee vs lessor dynamic is essential. The lessor (asset owner) and lessee (renting party) must […]

August 22, 2023

By Black Owl Systems The ever-evolving world of accounting has witnessed a plethora of changes, particularly […]

June 23, 2023

The lease accounting standard ASC 842 and IFRS 16 requires a comprehensive and complex approach to […]

June 6, 2023

The implementation of ASC 842 and IFRS 16 has had a significant impact on the way […]

June 5, 2023

As the year end audit draws to a close, it is essential to take a critical […]

November 3, 2022

For finance and accounting professionals adopting the lease accounting standard ASC 842, here’s an overview of […]

June 6, 2021

Lease accounting regulations are only a few years old and many companies have scrambled to find […]

March 5, 2021

Enterprise Resource Planning (ERP) software is a suite of applications that allow businesses to integrate and […]

February 23, 2021

One thing we hear from prospective clients who use Excel to perform their lease accounting is […]

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