In February 2016, the Financial Accounting Standards Board issued an update known as ASC 842 that, among other changes, brings most leases onto the balance sheet. Now, all of a company’s operating ...

If your company leases real estate or equipment, proposed changes in lease accounting standards could add significant debt to your balance sheet, change the way your business is perceived by investors ...

To continue reading this content, please enable JavaScript in your browser settings and refresh this page. With the lease accounting standard changes from the U.S ...

A balance sheet is a company's financial big picture for a particular moment in time. Every financial decision a business makes will eventually land on the balance sheet but understanding how the ...

The new lease accounting standard caused lease liabilities for the average company to increase a whopping 1,475 percent, skyrocketing from $4.4 million before the transition to $68.9 million post ...

2019 heralded the start of a financial reporting revolution, as new leasing standards came into effect-transforming company balance sheets across industries. The new guidelines require businesses to ...

Julia is a writer in New York and started covering tech and business during the pandemic. She also covers books and the publishing industry. With over a decade of editorial experience, Rob Watts ...