Articles

Lease Accounting

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

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

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

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

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

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

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

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

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

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

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

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

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

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