AccountLease
We support our occupiers by offering a full-service, end-to-end solution to implementing ASC 842 and IASB 16.
Experience when it counts.
AccountLease™ is an end-to-end solution to help companies comply with the new FASB & IASB lease accounting standards. AccountLease™ combines the accounting expertise, real estate expertise and software necessary to bring your company into compliance. Cresa has partnered with Integra International, an interactive association 117 CPA firms in 63 different countries, to provide a global, full-service solution to our clients. Our end-to-end solution encompasses every requirement your company will need to implement:
- Review of lease inventory
- Input leases into the software
- Developing abstracts with key terms
- Input from regional Cresa offices on local market conditions and effect on leases
- Drafting of 10-K and 10-Q disclosures
- Senior level quality control
- Quality control review and summary of financial statement disclosures
- Review of results with your independent accounting firm
Cresa advisors work to help mitigate the impact the new standards will have on your balance sheet. We negotiate Smart Leases for our clients, reducing their liability under the new standards and improving their financial position.