Sustaining compliance after day two requires a rigorous focus on optimizing processes for ongoing management of lease accounting data and entries. As leases evolve over their lifetimes, organizations ...

ASC 842, the new lease accounting standard, was adopted by most public companies at the start of 2019. Called by some experts “the biggest accounting change ever,” the new leasing standards are moving ...

Public companies’ required implementation of FASB’s new lease accounting standard in 2019 means that financial statement auditors need to be prepared to make new judgments. Although the private ...

With the new Financial Accounting Standards Board (FASB) lease accounting standard — Accounting Standards Update (ASU) No. 2016-02, Leases (Topic 842), many companies are grappling with the transition ...

ATLANTA--(BUSINESS WIRE)--In an innovative step forward for lease accounting, FinQuery, formerly LeaseQuery, announces the launch of its first-to-market automated catch-up functionality, ...

In February of 2016, the Financial Accounting Standards Board (FASB) issued the Accounting Standards Update (ASU) 2016-02, Leases, which significantly changes the way leases are accounted for on the ...

To continue reading this content, please enable JavaScript in your browser settings and refresh this page. With the lease accounting standard changes from the U.S ...

Rochester Institute of Technology adopted the Financial Accounting Standards Board (FASB) new accounting guidance on leases FASB Accounting Standards Codification Section 842 ("ASC 842") on July 1, ...

As we enter the final months of 2022, accounting departments should feel like they are crossing a new finish line. This year, many private companies had to adopt ASC 842, an accounting standard ...

Once again proving that change is the only constant, corporate accounting teams are readying themselves for new lease accounting rules that could have a huge impact on their companies’ financial ...

BROOKFIELD, Wis.--(BUSINESS WIRE)--Fiserv, Inc. (NASDAQ: FISV), a leading global provider of payments and financial services technology solutions, is enabling financial institutions to advance their ...