Much has been said about the new lease accounting standards, including from your friends here at Embark. While some make ASC 842 seem like the accounting equivalent of Godzilla, others say it's more like a cuddly little financial puppy that just...Read More Share This Post!
As dedicated purveyors of accounting and finance wisdom, Embark only feels it's our obligation to keep you plugged in and on top of your financial game. And for anyone that rolls their eyes when we muse about the dynamic world of accounting, we...Read More Share This Post!
Given the hullabaloo over the new lease accounting and rev rec guidance, it only makes sense to take a step back, get a lay of the land, and see how companies are doing on the compliance front, don’t you think? Embark certainly does. That’s why...Read More Share This Post!
Leases come in all shapes and sizes. Some are as plain vanilla as, well, vanilla. Others have many moving parts and lease assets, making them more complex and requiring additional attention and care to avoid angering the accounting gods. And as...Read More Share This Post!
Believe it or not, the new lease accounting standards are not unlike those pesky word problems you used to loathe in high school algebra. If you’ll recall, the more complex of those word problems required you to read each and every word...Read More Share This Post!
Lease accounting requires precision and timeliness. A muddled, disorganized approach, particularly in light of the new standards in ASC 842, is a great way for your enterprise to get bogged down and stuck in the lease mud without a tow hitch in...Read More Share This Post!
Contrary to popular belief, ASC 842 is not the coordinates for a top secret military installation in the Sonoran Desert, nor is it a new highway being built on the outskirts of town. While it doesn't get the attention of its more notable brethren...Read More Share This Post!
Growing pains aren't always painful but inevitably bring complications. After a sudden growth spurt in grade school, those nice corduroy pants that fit so perfectly just a month before can suddenly make it seem like you're looking for starfish in...Read More Share This Post!