The Impact of ASC 842 – The New Lease Standard Is Here
Construction Business Owner
JUNE 1, 2022
Existing debt covenant calculations may need to be amended as a result of the implementation of the new lease standard. Construction Industry CPAs and Consultants (CICPAC) recently released a whitepaper titled: ASC 842 – Implementing Leases – Focus areas for contractors. Consider the benefits of practical expedients. Main Image.
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