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.

COVID and business lease
Blog
April 20, 2020

While it’s impossible to predict the long-term impacts of COVID-19 on global business, Cresa is committed to helping you develop a roadmap that encompasses both your immediate needs and opportunities for strategic investments. This webinar provides a general overview of the risks posed by the pandemic, as well as guidance on requesting rent relief and communicating with your landlord.
Don Mitchell
News
April 16, 2020

Pandemic alters lease accounting landscape

In addition to causing enormous disruption to health, safety, and the economy across the globe, the coronavirus pandemic has significantly altered the landscape for CPAs related to the lease accounting standard. Don Mitchell, Managing Principal in Cresa's San Diego office, comments.