What auditors look for in lease accounting systems

A large share of restatements in the first years after ASC 842 took effect traced back to lease data problems, not accounting judgment. The standard…

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Somewhere in your close process, a right-of-use asset is being amortized inside a spreadsheet that one person built and no…

Internal Controls Best Practices for Lease Accounting

Since ASC 842 and IFRS 16 moved leases onto the balance sheet, a single misclassified contract can throw off your…

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Every lease modification, renewal option or index-linked rent change can trigger a remeasurement under ASC 842 and IFRS 16 and…

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