Tag: ASC 842

Learning From Companies That Implemented ASC 842

The ASC 842 is a new standard that is impacting both lessees and lessors and creating a significant compliance challenge for both public and private companies. The implementation deadline for...

Understanding ASC 842

ASC 842 produces a substantial overhaul of the previous accounting treatment for leases, ASC 840, with the most significant change being that most leases will now be capitalized on the...