Posts Tagged ‘lease accounting’

Podcast: Lease Accounting Compliance Update

lease

Confession: I love the new accounting standard for companies to report their costs for leases. Not so much because I applaud what the standard tries to accomplish (although I support that too) but rather, because implementation of the standard demonstrates so many compliance and internal control headaches today. Hear me out. The new standard —…

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Thoughts on Changes to Lease Accounting

lease

Today we pivot back to financial reporting, and the impending new rule on accounting for lease expenses. That rule is coming into effect at the end of this year, and the more you study it, the more implications emerge — for everything from accounting and audit functions, to document management systems, and even incentive compensation.…

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