Learn lease management and accounting with our expert advice.
Tenant improvement allowances (TIAs) are treated as lease incentives under ASC 842. Incentives always reduce the right-of-use asset, but their specific accounting treatment depends on when the incentive payment is received.
Christian Vanderwall
VP Engineering
Discover the 5 best tools every lease accounting manager needs in 2025. From lease tracking to compliance and workflow automation, find the right solutions to streamline operations and reduce financial risk
Brooke Colglazier
Marketing Manager
ASC 842 compliance requires accurate lease tracking, financial reporting, and proactive audits to ensure regulatory alignment. This guide walks commercial real estate accountants through key compliance steps, including gathering lease data, calculating liabilities, verifying disclosures, and avoiding common pitfalls. Automating lease management can streamline compliance, reduce errors, and improve financial transparency.
Brooke Colglazier
Marketing Manager
Learn the key differences between lease expenses and capital expenditures for commercial real estate. Find out what you can deduct this tax season and how to maximize savings.
Brooke Colglazier
Marketing Manager
Lease accounting is evolving rapidly, with trends for 2025 focusing on automation, sustainability, and real-time insights. Here’s what to expect...
Brooke Colglazier
Marketing Manager
When it comes to lease accounting, one term you’ll often encounter is the Right-of-Use (ROU) asset. Understanding what an ROU asset is and how to calculate its value is essential for businesses looking to stay compliant with lease accounting standards like ASC 842 and IFRS 16. In this article, we’ll dive into what an ROU asset is, its importance in lease accounting, and a step-by-step guide to calculating its value.
Brooke Colglazier
Marketing Manager
For businesses managing commercial leases, compliance with accounting standards is critical to staying on the right side of regulators and ensuring accurate financial reporting. Two major standards, ASC 842 and IFRS 16, have reshaped how companies handle lease accounting, requiring lessees to recognize lease liabilities and right-of-use (ROU) assets on the balance sheet. If you’re managing leases, especially in a multi-location business, understanding and complying with these standards is essential.
Brooke Colglazier
Marketing Manager