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Our Lease Accounting Experts Answer Your Lease Queries

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...

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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...

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Lease Accounting when Tenant Must Return the Asset to its Initial Condition.

George Azih Lease Accounting, FASB Topic 840 December 8, 2016

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...

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When Do I have a Lease?

George Azih Lease Accounting, FASB Topic 840 December 7, 2016

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...

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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 November 22, 2016
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