Operating Lease vs Finance Lease: What’s the Difference?
The Financial Accounting Standards Board changed the lease accounting game forever when they declared the ASC 842 new lease accounting standard.
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Lease Accounting 101: Back to the Basics of ASC 842
FASB Resources
Lease Transition Guidance for the New Standards
Do you have lingering questions about transition leases and current lease accounting standards? In this blog, we answer the most common questions...
Using the Straight-Line Method of Expense in Lease Accounting
First things first: Let’s set some definitions straight, because straight-line expense is different from straight-line amortization and straight-line...