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Written by Ane Ohm on Tuesday, August 6, 2019 It’s been a couple of weeks since the FASB announced its decision to potentially delay the...

If your public company clients use spreadsheets to maintain their leases, you know what a pain those spreadsheets can be. They are error-prone,...

If your clients use spreadsheets to maintain their leases, you know what a pain they can be. Spreadsheets are error-prone, difficult to adjust and...

FASB’s proposal to once again delay implementation of the new lease standard by one year for non-public companies brought some relief amid the...

Your clients are hopefully well aware that implementation of the new lease standard is just around the corner. However, some of your clients may have...

Implementing the new lease standard is complex, particularly for organizations with many leases. Beyond the complexity and time-consuming nature of...

The new lease standard is a complex one, with many complicated factors involved in making the transition. While some corporations have opted to use...

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 changed the lease accounting game forever when they declared the ASC 842 new lease accounting standard. 

As a CPA, you know the importance of maintaining independence while working with your clients. At the same time, your clients rely on you for...

Leases inherently require two parties in order to exist. One party leases their asset/assets to the other, and a lease is signed as a contractual...

The footnote disclosure for the new lease standard enables financial statement users to assess the amount and timing of cash flows arising from...