FASB's Codification (ASC) 842, Leases requires ... in the way they report operating leases. One of the initial challenges for organizations may simply be finding all of the many leases and contracts ...

ASC Topic 842 is a relatively simple standard that can mean profound changes for organizations ... the standard’s effective date and references a FASB staff Q&A on accounting for lease concessions.

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 ...

There are two lease accounting standards that typically apply to deferred rent situations, known as ASC 840 and ASC 842. Under both ASC 840 and ASC 842, total rent expense is recognized on a ...

MILWAUKEE, Feb. 11, 2025 (GLOBE NEWSWIRE) -- LeaseCrunch LLC, a leading lease accounting software company, today announces its upcoming webinar “Demystifying Discount Rates in Lease Accounting” ...

ATLANTA — Finquery, formerly known as LeaseQuery, has achieved the top spot in G2’s lease accounting category for an impressive 14 consecutive quarters. This remarkable run reflects the company’s ...

Why asset management software for leased equipment in concrete and construction is important and how it can help contractors.

The Mobile Integrated Healthcare (MIH) program was launched by the 25-bed critical access hospital in 2020, and the team now includes two board-certified community paramedics who provide care in ...

Providence Health embraces change and a more fluid way of working as compared to standard project management, say Rachele Watts, Joel Bond and Evgeny Shekhtman, who work in the health system's Agile ...