Lease Accounting Services
Lease Accounting Services
ASC 842 Advisory Support That Drives Practical Compliance
Adopting ASC 842 affects far more than just accounting—it impacts systems, procurement, business processes, operations, and financial reporting. For many businesses, the transition presents significant challenges requiring sound judgement and cross-functional coordination.
At Advisory, we provide hands-on support to guide you through the adoption process from end to end. We assess the impact across your organisation, align stakeholders, and design practical solutions that work with your existing systems and workflows. Our approach goes beyond recommendations—we act as an extension of your team to ensure implementation is tailored, compliant, and sustainable.
We are proudly accredited with
Association of International Certified Professional Accountants
The Chartered Institute of Management Accountants®
Institute of Chartered Accountants in England and Wales
The South African Institute of Chartered Accountants
Lease Accounting That Works For You
REAL EXPERTISE
Strategic accounting, simplified
Our team understands the technical demands of ASC 842 and how to apply them in real-world scenarios. Whether it’s dealing with fragmented data, decentralised entities, or system limitations, we’ve seen it—and solved it—before.
TAILORED TO YOUR BUSINESS
Not your average accounting firm
No two businesses are alike. That’s why our advisory approach is hands-on and tailored to your structure, systems, and workflows
PROACTIVE & HELPFUL
Get answers before there’s a problem
We don’t just deliver recommendations—we partner with you to get the work done. From identifying hidden risks in your lease data to implementing smarter, more sustainable processes, we provide practical support at every stage. Our goal is to make compliance feel less like a burden—and more like a strategic advantage.
END-TO-END COVERAGE
From reconciliations to reporting
From impact assessments and data abstraction to policy development and system implementation, we cover the full spectrum of lease accounting needs.
Why You Need Lease Accounting Support
- Regulatory Compliance (e.g., ASC 842 / IFRS 16 / GRAP 13)
- Improve Data Accuracy & Visibility
- Automate Lease Tracking
- Strengthen Systems & Processes
- Free Up Internal Resources
- Accurate Financial Reporting
How this service works
1. We start with your leases—and your business
We begin with a discovery session to understand your lease portfolio, operational structure, and reporting needs, so we can tailor our ASC 842 support to your specific environment.
2. We build your lease accounting framework
We design or enhance your chart of accounts, processes, and reporting structure to support accurate, efficient, and compliant ASC 842 lease accounting.
3. We manage your monthly lease close
We ensure accurate, timely lease-related financials each month—handling reconciliations, accruals, and adjustments in line with ASC 842.
4. You get clarity, not just compliance
We go beyond the numbers to highlight key lease impacts—giving you the insights needed to make confident, informed decisions.
We partner with the world’s best cloud accounting software
Support Beyond This Service
Every business is different — and your needs don’t always fit neatly into one box. Here are other services our clients often rely on to round out their support and keep things running smoothly.
Fractional CFO Services
Enterprise Resource Planning (ERP) Services
Audit Readiness
Let’s explore your business’s next steps together.
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