The Impact of ASC 842 – The New Lease Standard Is Here
Construction Business Owner
JUNE 1, 2022
It is time for contractors to get serious about the FASB ASU 2016?02 Existing debt covenant calculations may need to be amended as a result of the implementation of the new lease standard. Wed, 06/01/2022 - 12:48. 02 ASC 842 Leases, the new lease accounting standard issued by the Financial Accounting Standards Board (FASB).
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