ASC 842

A Turnkey Solution to ASC 842

If you have reached this page, you are likely facing the challenges of preparing for the upcoming lease accounting changes required by ASC 842 or IFRS 16. National Lease Advisors (NLA) is ready to help you meet the challenge ahead. Our team has experience working with publicly traded companies and their auditors to adopt the new standard. We provide a turnkey solution created based on best practices we have learned to help you achieve a successful adoption.

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Proven Results

Service Highlights

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Game Plan Development

As your partner, we will help you develop a game plan that ensures successful adoption of the new accounting standard.

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Tailored Service

National Lease Advisors provides a wide range of services, from helping companies establish in-house systems to providing ongoing, full-service solutions that ensure your systems are established correctly and maintained long term.

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Software Evaluation

The new lease accounting standard has created a boom in software solutions claiming to have the answers. At NLA, we can help you evaluate and select the system that is best for you.

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Lease Identification and Abstraction

One of the more challenging stages of the adoption process is identifying and gathering lease documents, and then abstracting the key data needed. NLA will ensure this process is completed thoroughly and accurately.

Where we shine

Industries Served

Banking

Data Centers

Distribution

Financial Services

Legal

Manufacturing

Professional Services

Real Estate

Retail

Banking

Data Centers

Distribution

Financial Services

Legal

Manufacturing

Professional Services

Real Estate

Retail

Global Reach

We are equipped to transition to ASC 842 for leases globally with reporting in both the local currency and US Dollars.

Cost

ASC 842 transition services start at $500 per lease and reduces based on the number of leases and asset type. Please contact us for more information and pricing to meet your specific portfolio needs.

From the Blog

Articles & Updates

Bringing Your ASC 842 Team Together

Bringing Your ASC 842 Team Together

Welcome to the first in a series of articles to help companies prepare for the challenges of adopting the new ASC 842 accounting standard. In this post, I explain why it takes a team approach and give my thoughts on who should participate based on my past experience.

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Reach out for a no-pressure conversation to see if National Lease Advisors is a good fit for your real estate needs