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Private companies can learn from public companies in this difficult rules implementation process.

Company financial reporting personnel are accustomed to hearing that they need to start early in the implementation of new accounting standards. The expert advice on FASB’s...

November 26, 2018

Quick tip: The tax temporary differences is the difference between lease liability and asset.

August 4, 2018

The FASB has issued new guidance that will make it easier to adopt the new leases standard, ASC 842, Leases. Most significantly , additional transition method is now available. Under a new transition method, comparative periods presented in financial statements in the...

May 29, 2018

You hear horror stories in the lease accounting webinars hosted by big accounting firms. Some early adopter companies, acting as guest speakers, proudly explain why their implementation efforts involved an army of dedicated staff and project leaders, took many months,...

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Solving the lease accounting challenge

March 2, 2019

A Quick Tip for Tax Accounting Under New Lease Accounting Standard

November 26, 2018

UGAAP Welcomes FASB ASU 2018-11 Leases—Targeted Amendments to Topic 842

August 4, 2018

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