Oil & Gas: Impairment of Leased Asset Considerations Under US GAAP
Learn more about the implications of ASC 842 lease accounting rules on impairment testing for oil and gas companies across upstream, midstream, and downstream operations.
Blog
Cloud Solutions for Lease Management, Commercial Real Estate, and Organizational Design
Blog Menu
Read our ultimate guide on CAM in Real Estate! CAM definition, key components to consider for CAM reconciliation, and the best practices for global enterprises
In today’s rapidly evolving business landscape, the top priority for organizations is building responsiveness and resilience.
Discover how Proptech and CRE software optimize commercial real estate management! Data centralization, analytics, and real estate workflow automation.
Latest Articles
HR in HCM: The Role of HR During Turbulent Periods
This blog explores key HR focus areas during turbulent times, emphasizing employee wellbeing through clear communication, optimizing workforce engagement, and boosting motivation.
GASB 87 Calculation and Accounting Example – Part 2
This post covers calculating the depreciation expense and lease liability amortization schedule under GASB 87 lease accounting. It also discusses how lease modifications require remeasuring lease liabilities, payments, and assets—a process that specialized lease accounting software can automate.
GASB 87 Calculation and Accounting – Part 1
The post walks through an example scenario to illustrate the first three steps for GASB 87 lease accounting calculations: the initial lease liability, the right-of-use asset value, and the interest expense for each period under the new lease accounting rules for government entities.
Mastering reorganizations: 3 keys to effective workforce restructuring
This blog outlines 3 rules for effective company reorganizations according to McKinsey and discuss how workforce planning solutions can help organizations visualize, plan, and implement restructured workforce models aligned with business strategies through an automated, centralized platform.
Leveraging Cloud Technology for Digital Transformation in Workforce Planning and HR Analytics
This blog discusses the rapid growth of digital transformation initiatives and cloud technology adoption across businesses worldwide and showcases how cloud-based organizational solutions can help streamline workforce planning, organizational design, and HR analytics processes as part of a company’s digital transformation journey.
Identifying lease payments in IFRS 16 and ASC 842 lease accounting standards
This blog covers the complexities involved in properly identifying and calculating the different types of lease payments included in the lease liability under the IFRS 16 and ASC 842. It discusses how a specialized lease accounting solution can streamline these calculations and modifications while maintaining
Everything you need to know about ITGC
This blog covers the three main areas ITGC focuses on and explores how software like Nakisa can support ITGC implementation through features such as user roles, audit trails, and automated processes.
4 Reasons Why Excel Isn’t a Long-Term Lease Accounting Solution
The post outlines 4 key reasons why using Microsoft Excel is not a viable long-term solution for lease accounting and compliance with IFRS 16/ASC 842 and recommends using specialized lease accounting software instead of Excel spreadsheets.
