One silver lining of COVID-19 appeared when private companies received a short reprieve from the new lease accounting standards courtesy of FASB ASC 842 — “reprieve” being the operative word ...

As companies continue to evolve in their operations and financial practices, new accounting standards have emerged to ensure ...

Under the new ASC 842 standards, companies must report ... “This will place a significant accounting burden on operations that use leases,” says Fallon Savage, senior vice president ...

If you’re a business owner or financial decision-maker in Iowa, you’ve likely heard about ASC 842 by now. The new lease ...

842, Leases requires companies to make significant changes in the way they report operating leases. One of the initial challenges for organizations may simply be finding all of the many leases and ...

CHARLOTTE, N.C.--(BUSINESS WIRE)--DebtBook, a leading provider of treasury and accounting software, today announced the launch of its new ASC 842 Lease Management solution, designed to simplify ...

In an era where financial regulations are constantly evolving, lease accounting has become increasingly complex. This ...

which you can elect out of the new GAAP lease rules. Why is the Financial Accounting Standards Board (FASB) implementing these changes? Because they want to level the playing field and have all ...

user-friendly tool that ensures full compliance with the ASC 842 lease accounting standard. iLeaseXpress is Free for companies with up to 5 leases, just $99 per month for up to 10 leases ...

New high-profile accounting standards for revenue recognition, leases and expected credit losses have companies facing a heavy implementation burden. Here are tips that could ease the stress and make ...