Lease Accounting (842)

Enjoy this recording of Mike Cheng's most recent Accounting Update! Read More

Calendar year-end private companies and not-for-profit entities reporting under US GAAP are required to adopt Topic 842 (Leases) this year! It may sound as simple as grossing up the balance sheet with a lease liability and a right-of-use asset, but... Read More

Healthcare providers should be aware of the new lease accounting standard, Accounting Standards Codification (ASC) 842. Read More

Join Frazier & Deeter’s National Professional Practice Partner Mike Cheng as he discusses what’s new with the FASB and how it could affect private companies. Learn about new standards that may have a significant impact on private companies, and obtain... Read More

Assurance and Advisory Partner Bill Godshall speaks with Mike Cheng, Frazier & Deeter’s National Professional Practice Partner and former Senior Project Manager at the Financial Accounting Standards Board (FASB), about upcoming changes to Topic 606, standards on revenue recognition and... Read More

On October 16th, the FASB unanimously approved an additional delay for private companies on three major upcoming standards, including Leases (Topic 842), Financial Instruments – Credit Losses (Topic 326), and Derivatives and Hedging (Topic 815). While the credit losses and... Read More

Join the accounting experts at Frazier & Deeter to learn about the new standard for accounting for leases (ASC 842) and pragmatic considerations for successfully adopting the new standard. Whether you are a public company with the deadline coming up... Read More

Sean Lager, Audit Partner at Frazier & Deeter and member of AICPA’s Technical Issues Committee explains the changes to lease accounting. He also describes how public and private companies are impacted by these changes. Untangling the Technical is available on iTunes and Google... Read More