Articles

Greg Kautz

The year-end close process is a pivotal juncture for accounting professionals, and its significance is magnified within the specialized field of lease accounting. Far from

The Incremental Borrowing Rate (IBR) plays a crucial role in lease accounting, especially for lessees. As a lessee, understanding this concept is essential for compliance

In the world of accounting, lease accounting journal entries hold a significant place when it comes to financial reporting. As an accountant or financial analyst,

Lease Accounting For Finance Transformation: The finance landscape is undergoing a seismic shift, with finance transformation becoming a strategic necessity for organizations seeking agility and

In today’s business landscape, the finance and accounting sectors face mounting pressures especially with complex accounting. The dual demands of strict deadlines and ensuring accurate

In the world of finance and accounting, effective asset management for both fixed assets and leased assets is the cornerstone of revenue generation. However, it’s

In the realm of finance and accounting, the importance of lease amortization schedules is paramount. This strategic financial tool helps in structuring lease payments, ensuring

In today’s evolving business landscape, CFOs and their teams face a myriad of challenges. Among these, are the challenges around lease accounting including lease modifications

Introduction For new finance leaders stepping into fresh roles, or for seasoned professionals gearing up for finance transformation, there’s an uncharted territory that promises significant

When we mention lease accounting software, the immediate association is with financial reporting. Given the complexities and ever-evolving standards like IFRS 16 and ASC 842,

lessee vs lessor

In this article, we explore lessee vs lessor intricacies of ASC 842. At Black Owl Systems, we constantly stay updated with the latest industry standards

By Black Owl Systems The ever-evolving world of accounting has witnessed a plethora of changes, particularly for finance lease vs operating lease in lease accounting