This article was originally published in CPA Practice Advisor, September 29, 2022.

While many are tempted to delay addressing the new lease accounting standard until the last possible moment, your life will be easier if you learn what to do—and what not to do—sooner rather than later.

This article outlines the top five mistakes I’ve seen when it comes to implementing the new lease standard so you can avoid these challenges for your organization or your clients.

Continue reading the full article in Washington Society of Certified Public Accountants here.