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6 Reasons to Implement the New Lease Standard ASAP

FASB’s proposal to once again delay implementation of the new lease standard by one year for ...
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FASB Votes Yes on Lease Standard Implementation Delay

As we all expected, the Financial Accounting Standards Board (FASB) voted today that the new lease ...
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LeaseCrunch® Announces New Agreed-Upon Procedure Report

As discussion and concern around implementing the new lease standard increased this year, there was ...
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Observations: Possible delay of New Lease Standard Implementation

Written by Ane Ohm on Tuesday, August 6, 2019 It’s been a couple of weeks since the FASB announced ...
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Help Clients While Maintaining Independence

As a CPA, you know the importance of maintaining independence while working with your clients. At ...
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The Footnote Disclosure for ASC 842

The footnote disclosure for the new lease standard enables financial statement users to assess the ...
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CPA Firm Independence and Technology: Complying with AICPA Guidelines

When a CPA firm attests to the accuracy of a client’s financial statements, maintaining ...
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Advantages of Using Software to Implement the New Lease Standard

Implementing the new lease standard is complex, particularly for organizations with many leases. ...
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John Hepp Discusses Leases Between Related Parties

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

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