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Finance vs Operating Leases: 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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Posts about ASC 842
5 Mistakes to Avoid When Implementing the New Lease Standard
The new lease standard is more complicated than companies expect and therefore often underestimated. Because of this, we are seeing some unfortunate...
Don't Delay, Start Preparing for the New Lease Standard Today
The Financial Accounting Standards Board met on November 10, 2021 and decided not to further defer the new lease accounting standard implementation...
Recent PCC and SBAC Meeting Takeaways
The Private Company Council (PCC) and the Small Business Advisory Committee (SBAC) recently met and discussed the implementation of ASC 842,...
