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Observations on the FASB’s Decision to Potentially Delay the New Lease Standard Implementation

Observations on the FASB’s Decision to Potentially Delay the New Lease Standard Implementation

08/06/19

Written by Ane Ohm on Tuesday, August 6, 2019 It’s been a couple of weeks since the FASB ...

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How To Help Clients With The New Lease Standard While Maintaining Independence

How to Help Clients With the New Lease Standard While Maintaining Independence

07/23/19

As a CPA, you know the importance of maintaining independence while working with your clients. ...

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Understanding the Lessee Footnote Disclosure for ASC 842, the New Lease Standard

07/09/19

The objective of the footnote disclosure is to enable users of financial statements to assess ...

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CPA Firm Independence and Technology: Complying with AICPA Guidelines

07/02/19

When a CPA firm attests to the accuracy of a client’s financial statements, maintaining ...

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The Advantages of Using Software to Implement the New Lease Standard

05/29/19

Implementing the new lease standard is complex, particularly for organizations with many leases. ...

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Ask the Expert: John Hepp Discusses Related Party Leases

Ask the Expert: John Hepp Discusses Related Party Leases

05/28/19

Important note: This is a judgment-based standard, which means there are few hard-and-fast rules ...

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The New Lease Standard: Defining and Identifying Embedded Leases

The New Lease Standard: Defining and Identifying Embedded Leases

05/07/19

One of the trickier aspects of the new lease standard is the concept of embedded leases. Like ...

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Meet Your Updated General Ledger Accounts Under the New Lease Standard

Meet Your Updated General Ledger Accounts Under the New Lease Standard

04/30/19

The new lease standard requires you to account for leases differently on your financial ...

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ASC 842: Transitioning Leases and Why Equity Likely Isn’t Affected

ASC 842: Transitioning Leases and Why Equity Likely Isn’t Affected

03/26/19

When the changes in an accounting standard impact assets or liabilities, we are accustomed to ...

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What We Want to See Happen With the New Lease Standard in 2019

What We Want to See Happen With the New Lease Standard in 2019

01/15/19

Update: On April 8, 2020, FASB proposed to delay implementing the new lease standard for ...

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