THE TIME TO GET
COMPLIANT IS NOW
Challenges, Successes & Timeline of the New ASC Lease Accounting Standard: A Conversation with Public Companies & Industry Pros
In mid-July 2019, the Financial Accounting Standards Board (FASB) released an updated timeline for private companies to comply with its ASC 842.
The new date for compliance changed from January 1, 2020 to January 1, 2021.
Although private companies get another year on the clock, this move by the governing board to transition the deadline presents some serious questions.
Topics explored in this eBook include: