Resources for complying with lease accounting standards

Your resource for complying with lease accounting standards

Required, not optional: Lease accounting standards are here

Most leasing activities must now be recognized on your balance sheet. Confidently meet requirements and compliance deadlines.

With added data requirements attached to lease reporting, the path to lease accounting compliance can appear difficult. We can help streamline those challenges and other day-to-day accounting issues and processes associated with application of the lease accounting standards.

Simplify and streamline your process

Automated technologies, accounting expertise, and strong processes can help ease the burden.

Intense hours of manually filling out spreadsheet entries, once conducted outside core business systems, now can be simplified by software solutions and structured services – helping you implement process advances that lighten a heavy lift.

Plan to address these impacts of lease accounting changes

Increased lease transparency
A clearer view of lease activities on the balance sheet and in the footnotes 
Increased lease transparency
Balance sheet changes
Requiring balance sheets to recognize most lease assets and lease liabilities
Balance sheet changes
Dual effect changes
Affecting not only policies but also the systems used to manage them
Dual effect changes
Resource constraints
Competing for attention among existing accounting processes
Resource constraints
Tax implications
Potentially affecting your organization’s income tax reporting
Tax implications
Ongoing compliance
Using processes and controls that govern leasing activities and lease modifications
Ongoing compliance

A comprehensive approach to lease accounting: Completeness, clarity, and control

Our lease accounting services rely on three foundational principles to help you maintain compliance. 

These three principles go a long way in simplifying this complex undertaking.

Completeness

Know where all your leases are and verify they’re all accounted for.

Clarity

Gain a clear picture of your business, so you know where you stand.

Control

Plan a smooth application of lease accounting and confirm compliance.

Position yourself for greater success using these 6 steps

Understand the standard

Recognize how standards will affect accounting policies, systems used to manage leases, and key financial ratios included in debt covenants or key performance indicators.

Gather information

Obtain current and in-process lease agreements plus relevant policies, procedures, data, and systems involved.

Evaluate the impact

Establish a cross-functional team, including accounting, tax, purchasing, IT, and legal, to assess the impact across the entire organization.

Select a transition approach

Plan for required system enhancements, such as updating financial accounting software and purchasing add-on solutions.

Design a solution

Develop a project plan, make a timeline, and secure the necessary resources to meet the effective date.

Implement and monitor

Execute the project plan, monitor status, and communicate with relevant stakeholders.

Insights

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ASU 2025-06: Information for Nonsoftware Companies
ASU 2025-06: Information for Nonsoftware Companies
We cover the key changes under ASU 2025-06, including how it can be applied, implementation considerations, and next steps for nonsoftware companies.
Professionals meet around a conference table, representing benefit plan discussions and compliance with the Short Plan Year Rule.
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The 80-120 Participant Rule can help you determine if your employee benefit plan will require an audit. One of our professionals gives details.
February 2026 Financial Reporting, Governance, and Risk Management
February 2026 Financial Reporting, Governance, and Risk Management
Banking agencies focus on supervisory appeals, Fed finalizes 2026 stress-test scenarios, NCUA announces 2026 supervisory priorities, and more.
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Our exclusive report dives into manufacturing and private equity trends you need to know for 2026.
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IPO Readiness: What Companies Must Know About Going Public
Our IPO readiness session offers practical guidance, an overview of regulatory obligations, and steps for building a strong public company foundation.
ASU 2025-06: Information for Nonsoftware Companies
ASU 2025-06: Information for Nonsoftware Companies
We cover the key changes under ASU 2025-06, including how it can be applied, implementation considerations, and next steps for nonsoftware companies.
Professionals meet around a conference table, representing benefit plan discussions and compliance with the Short Plan Year Rule.
Understanding the Short Plan Year Rule
If your employee benefit plan doesn’t operate on a 12-month cycle, the Short Plan Year Rule might apply. Our specialist covers the details.
Benefits Plan
80-120 Participant Rule: Audit Relief for Plan Sponsors
The 80-120 Participant Rule can help you determine if your employee benefit plan will require an audit. One of our professionals gives details.
February 2026 Financial Reporting, Governance, and Risk Management
February 2026 Financial Reporting, Governance, and Risk Management
Banking agencies focus on supervisory appeals, Fed finalizes 2026 stress-test scenarios, NCUA announces 2026 supervisory priorities, and more.
Private Equity and the Future of Manufacturing
Private Equity and the Future of Manufacturing
Our exclusive report dives into manufacturing and private equity trends you need to know for 2026.
IPO
IPO Readiness: What Companies Must Know About Going Public
Our IPO readiness session offers practical guidance, an overview of regulatory obligations, and steps for building a strong public company foundation.
Crowe can help you spend less time on lease accounting and more on key business areas

Ways we can help

Addressing the complexities of lease accounting head-on is a big part of what we do. We’ve been at this for a long time and are ready to apply our deep expertise and know-how for you today.

Accounting advisory services

Engage with dedicated professionals who have specialized knowledge and experience spanning complex undertakings in technical accounting, financial reporting, and strategic transactions.

Discover solutions

Software and technology

We can help you identify and implement software and technology solutions that work best for your organization – providing process innovations designed to streamline lease accounting.

Lease management software

Streamline your process with an integrated enteprise resource planning (ERP) solution built on the Microsoft Dynamics 365™ platform.

Explore our solution

Lease accounting for public sector

Simplify your transition to Governmental Accounting Standards Board 87 standards for the public sector – and target inefficiencies at the same time.

Explore our solution

Streamline your process with an integrated enteprise resource planning (ERP) solution built on the Microsoft Dynamics 365™ platform.

Explore our solution

Simplify your transition to Governmental Accounting Standards Board 87 standards for the public sector – and target inefficiencies at the same time.

Explore our solution

The expertise you look for when complying with the latest lease accounting standards

We know this is a complicated topic.
To say that lease accounting standards are complex is an understatement. But we’re up to the task with the lease management experience needed to make your journey simpler.

We apply the right solutions and tools.
Assembling solutions and tools tailored to your lease accounting compliance process helps things run as smoothly as possible for your organization.

We are here for you.
From planning and implementation to ongoing management, our people are accessible and present to listen and help you navigate the unique challenges you face. 

Contact us

Helping you chart your road ahead to comply with lease accounting standards is second nature to us. Ask us about anything you’re looking for.

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