New reporting standards are coming for charities which will require reporting on leases. Our Real Estate team reviews the ...

The March 6 installment of the AICPA’s monthly A&A Focus Series webcast updated members on critical accounting, auditing, and assurance issues. Hosted by Carl Mayes, CPA, vice president–Audit and ...

In recent years, lease accounting standard ASC 842 has replaced the ASC 840 standard. As per the Financial Accounting Standards Board updated accounting standards, ASC 842 requires that all leases, ...

While plenty of businesses are still working to implement the new ASC 842 lease accounting standards, plenty of others are discovering that staying in compliance can be almost as difficult as getting ...

The Financial Accounting Standards Board voted to provide companies with a practical expedient for its leasing standard if they have related-party arrangements between entities under their common ...