Navigate Lease Accounting Standards with Confidence

When you engage our Lease Accounting Compliance service, you receive systematic support for meeting lease accounting standards without diverting your team from their regular responsibilities. We handle the detailed work of inventorying your leases, performing required calculations, and establishing tracking systems for ongoing measurement.

The outcome is accurate balance sheet recognition of lease assets and liabilities along with documentation that supports your accounting positions. You gain both compliance with current standards and sustainable processes for maintaining that compliance as your lease portfolio evolves.

Our approach minimizes disruption to your operations while ensuring you meet reporting requirements and can respond confidently to audit inquiries about your lease accounting.

We begin by working with your team to identify all arrangements that meet the definition of a lease under current accounting standards. This inventory process considers not just obvious real estate and equipment leases but also embedded leases within service contracts and other agreements.

For each identified lease, we perform the calculations needed to determine the initial measurement of right-of-use assets and lease liabilities. These calculations consider lease terms, payment structures, and appropriate discount rates based on the specific circumstances of each arrangement.

Beyond the initial measurement work, we help establish tracking systems that enable ongoing compliance with remeasurement and modification requirements. These systems are designed to work within your existing processes rather than requiring significant new infrastructure.

Throughout the engagement, we document our analysis and provide clear explanations that support your accounting positions and help your team understand the requirements for maintaining compliance as your lease portfolio changes.

We stand behind the quality and completeness of our lease accounting compliance work. If our analysis, calculations, or documentation don't provide the compliance and confidence you need, we'll address any concerns until you're satisfied with the outcome.

Our engagement includes support as you implement the tracking systems we help establish, and we remain available to answer questions about handling new leases or modifications that arise after project completion. This ongoing availability reflects our commitment to your long-term compliance success.

Before beginning work, we offer a conversation to discuss your lease portfolio and specific needs. This no-obligation discussion helps both of us determine if this service aligns with what you're trying to accomplish.