Lease Accounting

The new ASC 842 lease accounting standard impacts many areas of an organization, not just accounting. The adoption process is a practical challenge – Riveron’s cross-functional approach is designed to simplify the process and create a sustainable solution.

Riveron has extensive advisory experience assessing the impact of and implementing ASC 842 across various industries and company sizes. The standard requires significant judgment, both in applying the guidance and in considering what will likely be far-reaching impacts to companies. Finance systems, procurement, business processes, operations and financial reporting all need to be carefully considered as you respond to change. Riveron goes beyond creating a set of recommendations – we become an extension of management to ensure the implementation is practical and tailored to your business needs.

Our lease accounting services span a variety of areas, including:

Riveron is not a CPA firm. 

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Other Accounting Advisory Offerings

Business Combinations
Technical Accounting Matters
SEC Financial Reporting
Lease Accounting
Revenue Recognition
Current Expected Credit Losses
Bankruptcy Accounting

Related Insights

Webinar: Lease Accounting: Lessons Learned in Day-Two Optimization of ASC 842 and IFRS 16

In this webinar, Riveron experts address the challenges facing many public companies following their adoption of ASC 842.

Accounting for Lease Concessions for Effects of COVID-19

The FASB’s new Q&A provides clarifying information on accounting elections for lease concessions provided by lessors who have been impacted by COVID-19.

Webinar: AICPA Conference Recap

In this webinar, Riveron experts discuss the highlights from the 2019 AICPA Conference on Current SEC and PCAOB Developments.

Webinar: ASC 842 – Preparing for a Successful Transition

Riveron experts provide an overview of the requirements for implementing the new lease accounting standard, detailing a practical approach from both an accounting and operations perspective.