Using Excel or any other spreadsheet may seem like the easiest path to managing your company’s lease portfolio, however, that may not necessarily be the case, especially at a time when...
Continue ReadingUsing Excel or any other spreadsheet may seem like the easiest path to managing your company’s lease portfolio, however, that may not necessarily be the case, especially at a time when...
Continue ReadingBy now, almost all of us have heard about the new accounting lease standards (ASC 842 / GASB 87 / IFRS 16), but are you ready for your year-end reporting? Join Freed Maxick for a one-hour...
Continue ReadingThe standard would be effective for fiscal years beginning after December 15, 2021. On April 8, 2020, the FASB issued a proposal to defer the effective date for ASU 2016-02, Leases, and...
Continue ReadingCompanies who do business in industries like construction, manufacturing and real estate are heavily impacted by the new revenue recognition rules imposed by the Financial Accounting...
Continue ReadingMany Companies Still Face Significant Lease Accounting Challenges The Financial Accounting Standards Board (FASB) has finalized a one-year delay in the effective date of ASU 842 Leases for...
Continue ReadingFinancial Accounting Standards Board’s (FASB’s) new lease accounting standard ASC 842 may require new software for management and reporting purposes Private entities got some relief from...
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