When To Lease vs. Buy
Deciding whether to lease or buy an item can be a complicated decision. Our Technical Accounting Manager, Amanda Payne, outlines what to consider when faced with the choice whether to lease or buy.
Recent Blogs
Transitioning to FRS 102: What UK Accountants Can Learn from the US Transition to ASC 842
The US Financial Accounting Standards Board (FASB) recently completed its Post-Implementation Review (PIR) of ASC 842, the US lease accounting standard. While you may be focused on your own FRS 102 transition for operating leases, there are critical, high-cost lessons...
Tenant Improvement Allowance Accounting under ASC 842 Explained with a Full Example
1. What is a tenant improvement allowance? 2. How to account for tenant improvement allowances under ASC 842 3. Tenant improvement allowances paid at or before commencement of the lease 4. Tenant improvement allowances payable after commencement of the lease 5. Tenant...
What This Next Chapter Means for FinQuery — and for You
Last week, we announced that TA Associates has made a majority growth investment in FinQuery, marking an exciting milestone in our journey to lead the future of AI-powered accounting automation. This partnership validates the incredible work our team and customers...
