Business Wire

Apex Tool Group Successfully Adopts ASC 842 Compliance Following Implementation of Visual Lease Accounting Software

WOODBRIDGE, N.J.--(BUSINESS WIRE)--Visual Lease, the leading provider of lease accounting and management software, today announced that Apex Tool Group, LLC (ATG), successfully implemented Visual ...
The Business Journals

New ASC 842 lease accounting in oil and gas, renewable energy and utilities

To continue reading this content, please enable JavaScript in your browser settings and refresh this page. Accounting for leases requires lessees to record on their ...

Crunchafi Announces Webinar: ASC 842, Five Years Later: Lessons Learned from the FASB Review

Crunchafi, a leader in SaaS technology for accounting and financial professionals, today announced it will host a webinar on March 25 titled "ASC 842, Five Years Later: Lessons from the FASB Review." ...
The Business Journals

Top 3 tips to implementing the new leasing standard, ASC 842

To continue reading this content, please enable JavaScript in your browser settings and refresh this page. In July 2019, the Financial Accounting Standards Board ...
Compliance Week

White paper: ASC 842 Lease Accounting Standard Handbook

The US GAAP lease accounting standard, ASC 842, requires that all leases, both operating and finance, are moved on-balance sheet unless the lease term is less than 12 months. The on-balance sheet ...
JD Supra

The Impact of the ASC 842 Lease Accounting Standards on a Toll Agreement for Stand-Alone BESS

The Financial Accounting Standards Board’s (FASB) recent lease accounting standards (ASC 842) are impacting toll agreements for stand-alone battery energy storage systems (BESS). These standards ...
Supply Chain

How a New Lease-Accounting Standard Will Impact Transportation and Logistics

The Financial Accounting Standards Board’s new lease-accounting standard, ASC 842, went into effect for public transportation and logistics companies last year. FASB recently proposed extending the ...
Accounting Today

Easing the pain of lease accounting

Chances are you’ve already tangled with the ASC 842/IFRS 16 changes in standards determining how organizations should be accounting for leases on the balance sheet. The effective date for implementing ...
JD Supra

The New Leases Standard: Making the Most of the Private Company Effective Date Delay

Find out what private companies can do now to prepare for the new leases standard (ASC 842) slated to go into effect next year. In November 2019, the Financial Accounting Standards Board (FASB) ...
Rochester Institute of Technology

Lease Classification and Accounting

Rochester Institute of Technology adopted the Financial Accounting Standards Board (FASB) new accounting guidance on leases FASB Accounting Standards Codification Section 842 ("ASC 842") on July 1, ...
Forbes

New Lease Accounting Requirements And The Impact On Private Business And Nonprofits

Lease accounting is becoming more complex and detailed for private companies and not-for-profit entities. Business valuations may also be impacted by the new standard. Effective in fiscal years ...