1 / 4

Lease Accounting for Property

This presentation provides an overview of lease accounting in the property sector, focusing on compliance with IFRS 16 and ASC 842 standards. It explains the shift from traditional lease classification to the mandatory capitalization of most leases on the balance sheet, highlighting the recognition of Right-of-Use assets and lease liabilities. The presentation also outlines how these changes affect financial transparency and reporting. EXO Edge offers expert support in accurate lease classification, automated tracking, and compliant financial reporting to help property managers and real estate

Exoedge1
Download Presentation

Lease Accounting for Property

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Lease Accounting for Property Presented by EXO Edge

  2. What is Lease Accounting? Lease accounting involves the process of recording and reporting lease transactions in financial statements. Key Standards: • IFRS 16 (International) • ASC 842 (US GAAP) Lease Types: • Operating Lease: Off-balance-sheet prior to IFRS 16/ASC 842. • Finance Lease (Capital Lease): Asset and liability recorded on balance sheet.

  3. Key Accounting Changes Under IFRS 16 & ASC 842 All leases (except short-term/low-value) must be capitalized. Lessees recognize: • Right-of-Use Asset • Lease Liability Impacts: • Increased transparency on lease obligations. • Affects financial ratios and disclosures.

  4. EXO Edge’s Lease Accounting Expertise Accurate Lease Classification System Integration for Automated Lease Tracking Compliant Financial Reporting Customized Advisory Services for IFRS/ASC Standards

More Related