FASB votes to simplify accounting for common control leases
For common control leases, the FASB is drafting amendments to simplify determining whether a lease exists, the classification of the lease, and accounting for leasehold improvements.
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FASB to propose changes to related party leases guidance
The FASB recently voted to issue proposals on the determination of an arrangement as a lease and the financial reporting requirements for related party lease arrangements for certain entities.
Dot the i’s and cross the t’s—a deeper look into ASC 842 adoption
Join this webcast as we discuss high-risk areas to consider as your company is implementing the new ASC 842 lease accounting standard.
Accounting for certain leases with variable lease payments
ASU 2021-05 addresses the accounting for a lease with variable lease payments that do not depend on a reference index or a rate.
Proposed updates to ASC 842
The FASB recently proposed amendments to address certain issues arising from the adoption of the leases standard.
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