Lease Accounting Articles

Our Lease Accounting Experts Answer Your Lease Queries

New Call-to-action

Popular Lease Accounting Articles

Subscribe to Email Updates

Why Using Excel Will Set You Up for Non-Compliance.

George Azih Accounting in Excel, FASB Topic 840, FASB Topic 842 June 29, 2018

Excel is an accountant’s best friend. The ubiquitous software has been around for over 30 years and most of us can’t imagine a world without it. It seems like it can do anything.

Read More

Lease Accounting when Tenant Must Return the Asset to Its Initial Condition

George Azih Lease Accounting, FASB Topic 840 April 5, 2018

Have you ever entered into an operating lease for a building, constructed leasehold improvements, and determined based on the provisions of the lease that you are legally obligated to remove the...

Read More

When Do I Have a Lease?

George Azih Lease Accounting, FASB Topic 840 April 2, 2018

A colleague sent an email asking me if I knew how to account for “leases that are stadium naming rights.” It was an interesting question, but confusing. A better question would be, “Are stadium...

Read More

Sublease Accounting: Treatment of Loss

George Azih Sublease Accounting, FASB Topic 840 March 22, 2018

Our article on sublease accounting under FASB topic 840 led to many enriching discussions. Often, one answer can lead to many more. As we receive those questions, we are glad to provide easy to...

Read More

Lease Accounting: When Early Access is Granted to Part of a Building at First, then the Rest Later

George Azih Lease Accounting, FASB Topic 840 March 5, 2018

Today’s article is a response to a question we received about calculating straight-line rent. We decided to write an article about it because it is a very common scenario that the vast majority of...

Read More

Capital Lease Accounting: A Comprehensive Example

George Azih Capital Lease Accounting, FASB Topic 840 September 12, 2017

In today’s blog post, we will discuss and explain capital lease accounting. We will utilize a detailed example to illustrate the accounting entries involved, but let us stress that this example...

Read More

How to Account for Lease Amendments that Expand the Leased Premises

George Azih FASB Topic 840 December 8, 2016

In a prior post, we explained how to account for leases when the Tenant MUST expand the premises under the terms of the initial lease. In this blog post, we will explain how to account for a lease...

Read More
1