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New Lease Accounting Partnership

Planon is teaming up with Jackson Cross Partners LLC (JCP) a consultative commercial real estate company. In partnership with Planon, JCP will be providing lease abstraction, data and document management, contract onboarding, and lease administration services.

FASB Wish List In-Depth Part 9 and 10

Toward the end of 2020, we published a Lease Accounting Holiday Wish List for organizations that still need to adopt ASC 842, IFRS 16, and GASB 87. This is the last in a series of articles to provide detail for each of those wish list items.

FASB Wish List In-Depth Part 6

Toward the end of 2020, we published a Lease Accounting Holiday Wish List for organizations that still need to adopt ASC 842, IFRS 16, and GASB 87. This is the sixth in a series of articles to provide detail for each of those wish list items. 6: Willingness to Listen to Experts The old lease … Continued

FASB Wish List In-Depth Part 1

Toward the end of 2020, we published a Lease Accounting Holiday Wish List for organizations that still need to adopt ASC 842, IFRS 16, and GASB 87. This is the first in a series of articles to provide detail for each of those wish list items.

With Short-Term Leases, What Could Go Wrong?

Thanks for the great feedback on my last post on short-term leases, I received a few questions about this statement on potential negative impacts, “Signing short-term leases exposes a lessee to tremendous risk in retaining the underlying asset, and to predict the cost of that lease.” I’ll expand on those two risks here.