New Lease Standards (ASC 842)

Our Accounting and Audit heads Lynn Osborn and Dan Johnson take a deep dive into the new lease accounting standards for financial statements. For the standard nerds, that’s ASC 842. Topics include capital leases, which are now called financing leases, operating leases, right of use assets, and the potential to restructure leases.
Hosts: JamisonMoneyFarmer PC CPAs Lynn Osborn and Dan Johnson
We are having a general business conversation and we are human so not every detail, example, or exception might be an exact match to your circumstances or understanding, so please don’t hesitate to reach out for help or clarification.
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