National Lease Advisors Inc. recently announced the addition of Amanda Muna to the team as a lease administrator. Amanda will take on a leadership role and help manage the firm’s fast-growing lease accounting services. Amanda joins National Lease Advisors from the...
For the adoption of ASC 842, and when future leases are added or modified, your team will need to assess whether a renewal option is “reasonably certain” to be exercised. “Reasonably certain” is intended to be a high threshold and reflects the existence of a...
As we enter the final stretch of 2021, transitioning to the new lease accounting standard, ASC 842, is becoming a challenge for many organizations. National Lease Advisors provides its clients with a turn-key solution that brings together our expertise in lease...
With the adoption of ASC 842 comes the challenge of identifying embedded leases. While the concept of embedded leases also existed under ASC 840, the treatment of expenses under these contracts did not vary from other operating leases, so the identification was...
At National Lease Advisors, we have helped many companies get through a smooth adoption of the new lease accounting standard, ASC 842. Many of these companies had attempted to take on the accounting adoption alone but realized they needed significant assistance, so...
