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Key Lessons for a Successful ASC 842 Implementation

Key Lessons for a Successful ASC 842 Implementation

by NLA Team | Sep 9, 2025 | Lease Administration, Blog, ASC 842

ASC 842 implementation lessons

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What Is the Difference Between Lease Administration and Lease Abstraction?

What Is the Difference Between Lease Administration and Lease Abstraction?

by NLA Team | Jul 21, 2025 | Lease Administration, Blog

When your business operates across multiple leased locations—whether offices, warehouses, or retail spaces—managing all those leases can get overwhelming. That’s where lease administration and lease abstraction come in. Although they’re often mentioned together, lease...

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How Confident Are You in Your Lease Accounting Systems and Procedures?

How Confident Are You in Your Lease Accounting Systems and Procedures?

by NLA Team | Jul 15, 2025 | Lease Administration, Blog, ASC 842

Why Many CFOs and Controllers Are Taking a Second Look When the new lease accounting standards were first implemented, finance leaders did what they had to: stand up systems quickly, align with real estate, and hit compliance deadlines. Often, this was done under...

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National Lease Advisors Recruits Big Four Accountant to Grow Lease Accounting Division

National Lease Advisors Recruits Big Four Accountant to Grow Lease Accounting Division

by NLA Team | Jun 6, 2022 | News, ASC 842

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...

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ASC 842 – Evaluating Renewal Options and the “Reasonably Certain” Threshold

ASC 842 – Evaluating Renewal Options and the “Reasonably Certain” Threshold

by Amanda Muna | Apr 10, 2022 | Lease Administration, Blog, ASC 842

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...

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