Lease Accounting

Streamline Compliance, Optimize Outcomes

Lease accounting under ASC 842 and GASB 87 continues to challenge organizations with complex compliance requirements, evolving systems, and time-consuming processes. Insero’s lease accounting solutions are designed to not only ensure compliance—but also deliver clarity, efficiency, and smarter business outcomes.

Insero’s outsourced lease accounting solutions provide the time and technical expertise that many organizations find difficult to maintain.

Lease Accounting Solutions

Ongoing Compliance: As your outsourced lease accounting provider, we will generate all required FASB/GASB entries, schedules and disclosures. Insero provides an “audit ready” reporting package as needed on a quarterly or annual basis. Our expert team will review all lease agreements, ensure proper lease classification and validate all calculations and reports. These individuals are full-time lease accountants that can apply their extensive knowledge of ASC 842 and GASB 87 for clients that decide to outsource.

Technology: As one of our outsource clients, you have access to one of the top-rated lease accounting software systems. Not only does the software provide required entries but it creates a centralized lease management database housing all key documents and assumptions.

CAM Audits: We help you validate pass-through charges and ensure proper reconciliation of Common Area Maintenance (CAM) costs. We can identify common areas where tenants are overcharged and provide you support to negotiate effectively with landlords to ensure that you only pay what you owe.

Complex Lease Transactions: We provide guidance on built-to-suit arrangements, lease terminations, sale-leasebacks, and modifications.

Strategic Structuring Support: Need help structuring lease agreements? We provide insights that balance business needs with financial reporting goals, considering impacts on ratios, covenants, and financial outcomes.

Impairment Assessments: Ongoing support to evaluate and document asset impairments as part of a sustainable process.

Only Need Technical Assistance: Do you already have a software subscription and want to continue using it? No problem! Our lease accountants have experience with multiple software packages and can provide the same assistance outlined above using your current software.

Why outsource?

With shifting standards and limited in-house capacity, outsourcing lease accounting can reduce risk, improve accuracy, and free up your internal team to focus on strategy. You get a dedicated team, ongoing support, and the confidence that your compliance is handled—accurately and on time.

Let Insero help you stay ahead of lease accounting requirements while improving visibility and control. Contact your client service partner or reach out below to start the conversation.