Lease Management & Lease Accounting Blog

April 2, 2026 • 12 min read

ASC 842 for Healthcare: Audit Readiness Checklist

This comprehensive guide addresses key questions including: What defines healthcare leases under ASC 842 for audit purposes? and How should healthcare organizations prepare an ASC 842 audit readiness checklist?. Learn about compliance requirements, audit expectations, and best practices for audit under ASC 842.

March 21, 2026 • 11 min read

iLeasePro offering Free AI-powered ASC 842 Lease Analyzer

This comprehensive guide addresses key questions including: What is the free AI-powered ASC 842 Lease Analyzer? and How can AI help with ASC 842 lease accounting compliance?. Learn about compliance requirements, audit expectations, and best practices for audit under ASC 842.

March 16, 2026 • 12 min read

Driven Brands Discloses Accounting Errors, Will Restate Previously Reported Financial Results

This comprehensive guide addresses key questions including: What are common accounting errors that lead to financial restatements? and How does ASC 842 impact the need for financial restatements?. Learn about compliance requirements, audit expectations, and best practices for audit under ASC 842.

March 12, 2026 • 11 min read

Using AP Data to Identify Unrecorded Leases

This comprehensive guide addresses key questions including: What is an unrecorded lease? and How can AP data be used to identify unrecorded leases?. Learn about compliance requirements, audit expectations, and best practices for audit under ASC 842.

March 3, 2026 • 12 min read

Is AI changing accounting models?

This comprehensive guide addresses key questions including: How is AI transforming accounting models? and What are the benefits of AI in accounting and auditing?. Learn about compliance requirements, audit expectations, and best practices for audit under ASC 842.

February 18, 2026 • 10 min read

Responding to ASC 842 Audit Findings: A Controller's Playbook

This comprehensive guide addresses key questions including: What are common ASC 842 audit findings? and How do I respond to ASC 842 audit findings?. Learn about compliance requirements, audit expectations, and best practices for audit under ASC 842.

February 9, 2026 • 13 min read

ASC 842 Substantive Testing Procedures: What Auditors Actually Do

This comprehensive guide addresses key questions including: What are the key substantive testing procedures for ASC 842 lease accounting? and How do auditors verify lease data under ASC 842?. Learn about compliance requirements, audit expectations, and best practices for audit under ASC 842.

February 3, 2026 • 12 min read

IT and Software Contracts: Identifying Hidden Lease Components

This comprehensive guide addresses key questions including: What constitutes a hidden lease component in IT and software contracts? and How do I identify embedded leases within technology agreements under ASC 842?. Learn about compliance requirements, audit expectations, and best practices for audit under ASC 842.

January 30, 2026 • 10 min read

Lease Audit Workpapers: Documentation That Satisfies Auditors

This comprehensive guide addresses key questions including: What documentation is required for ASC 842 lease audits? and How do I prepare lease audit workpapers to satisfy auditors?. Learn about compliance requirements, audit expectations, and best practices for audit under ASC 842.

January 20, 2026 • 11 min read

Common Discount Rate Audit Findings and How to Avoid Them

This comprehensive guide addresses key questions including: What are common discount rate audit findings? and How can I avoid discount rate audit findings?. Learn about compliance requirements, audit expectations, and best practices for audit under ASC 842.

January 19, 2026 • 10 min read

ASC 842 Management Assertions: What Controllers Must Understand

This comprehensive guide addresses key questions including: What are ASC 842 management assertions for controllers? and How do management assertions relate to ASC 842 lease accounting?. Learn about compliance requirements, audit expectations, and best practices for audit under ASC 842.

January 14, 2026 • 10 min read

Discovering Missing Leases: A Systematic Approach

This comprehensive guide addresses key questions including: What is a systematic approach to discovering missing leases? and How can organizations identify undocumented leases for ASC 842 compliance?. Learn about compliance requirements, audit expectations, and best practices for audit under ASC 842.

January 7, 2026 • 11 min read

Pre-Audit Self-Assessment for ASC 842 Compliance

This comprehensive guide addresses key questions including: What is a pre-audit self-assessment for ASC 842 compliance? and What steps are involved in an ASC 842 pre-audit self-assessment?. Learn about compliance requirements, audit expectations, and best practices for audit under ASC 842.

January 6, 2026 • 10 min read

IBR Documentation Requirements for Audit

This comprehensive guide addresses key questions including: What IBR documentation is required for an ASC 842 audit? and How do auditors verify Incremental Borrowing Rate (IBR) calculations?. Learn about compliance requirements, audit expectations, and best practices for audit under ASC 842.

January 2, 2026 • 11 min read

Completeness Testing Procedures for Lease Populations

This comprehensive guide addresses key questions including: What are the key completeness testing procedures for lease populations? and How do auditors ensure the completeness of lease data under ASC 842?. Learn about compliance requirements, audit expectations, and best practices for audit under ASC 842.

December 28, 2025 • 10 min read

ASC 842 Audit Adjustments: Common Corrections and Prevention

This comprehensive guide addresses key questions including: What are common ASC 842 audit adjustments? and How can companies prevent ASC 842 audit findings?. Learn about compliance requirements, audit expectations, and best practices for audit under ASC 842.

December 23, 2025 • 10 min read

Embedded Leases in Service Contracts: Identification Checklist

This comprehensive guide addresses key questions including: How do I identify embedded leases in service contracts? and What are the key indicators of an embedded lease?. Learn about compliance requirements, audit expectations, and best practices for audit under ASC 842.

December 22, 2025 • 12 min read

ASC 842 Audit Readiness Checklist

This comprehensive guide addresses key questions including: What is an ASC 842 audit readiness checklist? and How can I prepare for an ASC 842 audit?. Learn about compliance requirements, audit expectations, and best practices for audit under ASC 842.