Lease Compass
How will different leasing scenarios impact your financial statement? Let us point you in the right direction…
Basic Information 
Overview
Colliers assists clients on modeling and optimizing the impact of the new, ASU 842 lease accounting standards as published by U.S. Generally Accepted Accounting Principles (GAAP) and the International Financial Reporting Standards (IFRS). This Lease Compass tool illustrates the information required to report effectively and estimates the changes you can expect to your company’s balance sheet and income statement.
Accounting Standard to apply:
What Accounting Standard should we use to calculate the financial statement? 
Lease Information
Enter the initial Lease Term (in months)
Does the lease contain a termination option during the initial lease term?
Does the lease offer a renewal option?
Lease Financials
Indicate currency used for this lease
Provide the net rentable area of the space to be leased
Does the rent paid to the lessor include reimbursements for all or a portion of the operation expenses with the property? (Not Including Real Estate taxes and insurance)
What is your company’s borrowing rate? 
%
What is the first year’s rent value for the lease?
Do any rent increases occur?
Lease Analysis Results
Simulate your lease
Resources
Here is a list of additional reference sites and documents. 
U.S. GAAP ASC 842 (FASB)
IFRS 16
Here are information videos published by PricewaterhouseCoopers LLP.
Lessee Accounting:
Lessor Accounting:
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