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.
Posts about ASC 842
The Financial Accounting Standards Board changed the lease accounting game forever when they declared the ASC 842 new lease accounting standard.
The new lease standard is more complicated than companies expect and therefore often underestimated. Because of this, we are seeing some unfortunate...
The Financial Accounting Standards Board met on November 10, 2021 and decided not to further defer the new lease accounting standard implementation...
The Private Company Council (PCC) and the Small Business Advisory Committee (SBAC) recently met and discussed the implementation of ASC 842,...