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Read about ASC 842 & other lease accounting topics
Read about ASC 842 & other lease accounting topics
As discussion and concern around implementing the new lease standard increased this year, there was...
GASB 87 is effective for fiscal years beginning after June 15, 2021, and all reporting periods...
Read the original article posted on Accounting Today. As we wrap up an unpredictable year, let’s...
When a CPA firm attests to the accuracy of a client’s financial statements, maintaining...
On Wednesday, April 8, 2020, the Financial Accounting Standards Board (FASB) met to discuss the...
Since the outbreak of the COVID-19 pandemic in March 2020, CPA firms are seeing a large increase in...
As we all expected, the Financial Accounting Standards Board (FASB) voted today that the new lease...
Read the original article posted on Accounting Today. Fall can be a busy time of year. In public...
Update March 27, 2023: The first amendment in this update allows for private and certain...
One of the trickier aspects of the new lease standard is the concept of embedded leases. Like many...
The new lease standard requires you to account for leases differently on your financial statements,...
When the changes in an accounting standard impact assets or liabilities, we are accustomed to the...
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