ASC 842 Lease Accounting Implementation

ASC 842 changes where your lease data lives and how it flows. We build a practical lease database that calculates ROU assets, lease liabilities, and amortization schedules—so monthly entries are consistent and easy to maintain.

You get clear technical memos for auditors, plus disclosure language that matches your portfolio. Need help identifying gaps or reconciling historical terms? We spot the issues and give you a path to remediation.

Common services we provide include:

• Assessment of current lease policies and the applicable GAAP guidance
• Centralized lease database with ROU, liability, and amortization schedules
• Monthly journal entry package and rollforwards
• Auditor-ready technical memos and disclosures
• Incremental borrowing rate support

If your organization needs assistance tackling ASC 842, our team of professionals is ready to assist.