new lease standard

leases hiding in your contracts

New Accounting Standard: Are There Leases Hiding in Your Contracts?

Late last year, the Financial Accounting Standards Board granted a one-year reprieve from new lease accounting rules to private companies that comply with Generally Accepted Accounting Principles (GAAP). This means…

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construction industry prepares for new lease standard

Lease Accounting for Contractors: New Rules on the Way

It’s been 13 years since the Financial Accounting Standards Board (FASB) started overhauling its lease standard. For some time now, the new rules have been scheduled to take effect for…

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