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A lease modification is a change to the terms and conditions of a contract resulting…

This article is part of a series of articles covering equity method accounting in accordance…

In the past, a common method for preparing the lease amortization schedule for a lease…

In 2020, many companies saw an increase in lease liabilities after adopting the new lease…

Lease liabilities rose 419% on average, with 10 industries seeing bigger surges amid COVID headwinds…

GASB Statement No. 87, Leases (GASB 87), is a comprehensive change by the governmental accounting…

This post originally appeared on tBL Marketplace Partner LeaseQuery's blog Your Lease Queries, Answered and…

What is accretion in accounting?Accretion is the periodic recognition of an expense associated with an…

What is interest?Interest is the additional consideration paid in excess of the value of what…

LeaseQuery is recognized as an “Acumatica-Certified Application” by the cloud ERP company, signifying an integration…

After a challenging year, private companies should look for opportunities to get an edge on…

Rent in accountingIn the simplest terms, rent is the periodic payment to an entity for…