Is it Time for your Business to Purchase Lease Accounting Software? by Whitney K. Schiffer, CPA
Posted on February 02, 2022 by Whitney Schiffer
Time is up for private companies to comply with the new lease accounting standards (ASC 842), which require businesses to begin recording the assets and liabilities of all leases, including operating leases, on their balance sheets. For calendar-year companies, the new lease accounting standard is effective on January 1, 2022. Private companies that have already […]
