Month: February 2020 Articles

ASC 842 Adoption Leads to Sharp Increases in Reported Lease Liabilities on Balance Sheets

Balance sheets across numerous industries showed large increases in lease liabilities due to ASC 842 adoption. Financial institutions saw the greatest increase across average lease liability. Companies continue to report that adoption and implementation of the new...
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Are you in control of your lease data and lease accounting processes or are they in control of you?

If you are struggling with maintaining your lease data to stay in compliance with lease accounting standards, here are a few tips to help you through your closing period.  Read the full article on CFO. Contact us today if you need help controlling your lease data!
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