Lease Accounting Policies

This book provides a practical accounting policy document to help you with the adoption and/or ongoing accounting for leases under FASB ASC 842 (the new lease accounting standard). This book is most suitable for businesses that have a moderate volume of standard leases such as office rentals, vehicle, and equipment leases, and limited sublease arrangements.

The author answers to most common practical questions and issues arising in the area of lease accounting based on his rich practical experience. This book is for you if you are trying to find how to properly account for:

• Lease incentives
• Free rent periods
• Subleases
• End-of-Term Lease Obligations

The detailed practical solution included in the content of this book may help you in establishing your own accounting policies or serve as a benchmark.