Our Lease Accounting services focus on the financial management of lease-related transactions, ensuring compliance with accounting standards such as ASC 842 / IFRS 16 and accurate reporting of lease obligations.
- Lease Setup & Maintenance: Recording lease agreements, key terms, rent schedules, and escalations in accounting systems.
- Rent& Payment Tracking: Monitoring base rent, percentage rent, operating expenses, CAM, and other recoverable charges.
- Lease Liability & Asset Calculation: Accounting for lease liabilities and right-of-use assets in accordance with current accounting standards.
- Amortization& Accruals: Accurate calculation of rent expenses, deferred charges, and amortization schedules.
- Financial Reporting & Reconciliation: Generating lease-related reports, reconciling landlord statements, and ensuring alignment with property accounting.
- Audit-Ready Documentation: Maintaining complete lease accounting records for internal or external audits.
We ensure precise, compliant, and transparent property and lease accounting, enabling real estate professionals to focus on strategy and growth while we handle the numbers.
