#leases
Leases
Lease accounting under ASC 842 and IFRS 16, including embedded leases, right-of-use assets, and lease liability measurement
Coworking Space Bookkeeping: ASC 606 Deferred Revenue, NOI Per Square Foot, and the Occupancy KPIs Lenders Demand
How coworking operators separate hot desk, dedicated desk, and private office revenue under ASC 606, hold refundable deposits as liabilities, allocate common-area square footage to compute NOI per foot, capitalize build-out as Qualified Improvement Property with 100% bonus depreciation in 2026, and report the occupancy, RevPOD, churn, and MRR concentration metrics that lenders and acquirers actually price on.
Embedded Leases in Service Contracts: An ASC 842 Field Guide for Controllers
ASC 842 treats many service contracts — IT hosting, 3PL warehousing, power purchase agreements, equipment-as-a-service — as leases when the contract names an identified asset and the customer directs its use. This guide covers the two-test framework, the four contract categories where embedded leases hide, the practical-expedient trade-offs, and a procurement-to-accounting screening workflow.