IFRS 16 and ASC 842 both eliminate off-balance-sheet operating leases, but the two standards diverge on lease classification, discount rates, short-term exemptions, and income statement presentation. If you report under both — or are switching — here’s the difference between IFRS 16 and ASC 842, line by line.
A free 5-tab Excel workbook that holds your entire month-end close in one place — 42 pre-populated tasks, 18 standard subledger reconciliations, JE log with sanity check, and printable sign-off with auto-tabulated close metrics.
A reliable month-end close comes down to a repeatable checklist and the right supporting schedules. Here’s the full sequence — from Day 1 through final signoff — with specific focus on the technical areas that trip up growing finance teams.