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
Accounting for Income Taxes

Related Insights

Webinar: The Time is Now: Private Company Adoption of ASC 842

In this webinar, experts from Riveron and Trullion examined how to adopt the new lease accounting standard and provided insights for tackling typical adoption challenges, strategies for streamlining the process, considerations for implementing available technology, and more.

Changes to the New Lease Accounting Standard: FASB Provides Updates

The FASB issued three proposed accounting changes to the lease accounting standards ASC842.

ASC 805 and Accounting for Pandemic-Linked Lease Concessions

For companies affected by the pandemic, Riveron expands on matters pertaining to business combinations (ASC805), lease accounting, and COVID-19 relief.

Understanding M&A Lease Considerations

Here’s a break down of the common challenges that arise during lease integration M&A and what companies should know in order to get ahead.