Tag: FASB ASC 842

Tag: FASB ASC 842

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ASC 842 FASB Proposes to Improve Discount Rate Guidance for Lessees for Not Public Business Entities

On June 16 2021, the Financial Accounting Standards Board (FASB) issued a proposed Accounting Standards Update (ASU) that would improve discount rate guidance for lessees that are...

New Lease Accounting Standards IFRS 16 / FASB ASC 842 – It’s time to act!

The deadline to the new leases standards IFRS 16 / FASB ASC 842 is rapidly approaching with tremendous impact and changes to your organisation.With many...

Is your organisation ready for the new Lease Accounting Standards IFRS 16 / FASB ASC 842?

The effective date of new leases standards is less than 20 months away. The new Lease Accounting Standards IFRS 16 / FASB ASC 842 requires...

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