Kevin J. Bonnett, CPA Vice President & Director Although the implementation of the significant new lease standard, ASC 842, has been completed by all companies, as adoption was required for all companies with fiscal years beginning after December 15, 2021, this...
By Ryan C. Peck, CPA Senior Accountant & Auditor Since the process of enhancing the lease accounting standard began in 2006, and given several delays of the implementation dates, it sometimes seemed as if the new standard would never become a reality. But the time...
