In 2016, the Financial Accounting Standards Board (FASB) issued Accounting Standards Update (ASU) 2016-02, Leases. This new lease accounting standard (ASC 842) significantly impacts how private and public businesses across...more
Find out what private companies can do now to prepare for the new leases standard (ASC 842) slated to go into effect next year. By Kristin Floyd Newton In November 2019, the Financial Accounting Standards Board (FASB) delayed...more