Welcome to 842Lease.com

The FOCAL POINT for all companies transitioning to ASC 842/IFRS 16, Leases

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This is a user community ecosystem comprised of Corporate Accounting professionals, Public Accounting professionals, IT professionals, Software Vendors, and the accompanying System Implementers.

The complexities involved in ASC842 and IFRS 16 cannot be understated. The process of moving operating leases from the shadows and onto the balance sheet is a tedious and complicated process. The adoption will not only require high powered software (or at a minimum high powered Excel spreadsheets) to manage the new accounting requirements, it will require collaboration with all corporate departments. It will also require collaboration with other professionals throughout the ASC 842 ecosystem to implement the standard correctly. The risks associated with implementation are vast. From compiling the lease population(completeness) to final postings into the newly created ROU Asset and Lease Liability accounts.

842Lease.com is dedicated to collaboration of the most talented professionals in the world from some of the largest companies in the world as the march to the leasing standard adoption approaches. Join our ASC 842 Ecosystem Today!

Attention 842 Lease Accounting Professionals – The Demand for lease accounting candidates with ASC 842 lease accounting experience is insatiable. If you are interested in pursuing new and greater lease accounting opportunities with remote work status, please fill out the Contact Us with “CAREERS” noted in the message field.  We will then put you in contact with the many recruiters contacting 842Lease.com for superior lease accounting candidates.

Recruiting Professionals –  842Lease.com attracts many active 842 lease accounting professionals to our site due to research and our Excel based 842 Lease Solutions.  Please pay the $99 recruiter membership fee via the PayPal link above.  This entitles you to unlimited postings on the 842Lease Careers forum.  This ensures your recruiting firm only receives direct inquiries from active 842 Lease Accountants utilizing this site!