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Read about ASC 842 & other lease accounting topics
Read about ASC 842 & other lease accounting topics
Read the original article posted on Accounting Today. As we wrap up an unpredictable year, let’s...
The Private Company Council (PCC) and the Small Business Advisory Committee (SBAC) recently met and...
When a CPA firm attests to the accuracy of a client’s financial statements, maintaining...
How much does lease accounting software cost? As your firm examines the work involved with...
On Wednesday, April 8, 2020, the Financial Accounting Standards Board (FASB) met to discuss the...
As we all expected, the Financial Accounting Standards Board (FASB) voted today that the new lease...
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...
Update: On April 8, 2020, FASB proposed to delay implementing the new lease standard for non-public...
Important note: This is a judgment-based standard, which means there are few hard-and-fast rules...
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