Blog Posts & Lease Accounting Articles.

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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 you’re dealing with lease agreements, it’s essential to understand the roles of the lessor and […]

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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