This downloadable resource addresses high level lease standard questions that may come up as firms and organizations check into compliance with this standard.
Exploring ASC 842: Leases Standard
ASU No. 2016-02 is no stranger to practitioners and organizations alike. As the name indicates, this standard has been in existence since 2016. Almost 6 years later, this standard will become effective for all organizations by the end of 2022. Given the extensive impact of this standard, changes to implement this standard should be in place well
Download the Exploring ASC 842
File name: exploring_ASC842.pdf