by LeaseQuery | Jan 17, 2023 | Articles, ASC 842, Fixed Asset Accounting, Lease Accounting
Summary provided by MaterialAccounting.com: This article provides an overview of fixed asset accounting and accounting for leases under the new FASB standard, with examples. This article will explore the intersection of fixed asset accounting and accounting...
by LeaseQuery | Dec 13, 2022 | Articles, ASC 842, Featured, Lease Accounting
Summary provided by MaterialAccounting.com: This article provides everything you need to know about the new lease accounting standard, ASC 842. What is ASC 842? ASC 842, or Topic 842, is the new lease accounting standard issued by the FASB and governs how entities...
by LeaseQuery | Nov 8, 2022 | Articles, ASC 842, Fixed Asset Accounting, Lease Accounting
Summary provided by MaterialAccounting: This article discusses the reasons why fixed asset software won’t work for the transition to the new standard, ASC 842. Prior to the introduction of the new lease accounting standard, ASC 842, many organizations grouped...
by LeaseQuery | Sep 1, 2022 | Articles, ASC 842, GASB 87, IFRS 16, Lease Accounting
Summary provided by MaterialAccounting.com: The new lease accounting standards require both quantitative and qualitative disclosures. This article explains everything you need to know about the necessary qualitative disclosures under the updated rules. —...
by LeaseQuery | Jul 25, 2022 | Articles, FASAB, Government Accounting
Summary provided by MaterialAccounting.com: This article discusses changes under the new FASAB standard, SFFAS 54. What is SFFAS 54? SFFAS 54 is the new lease accounting standard issued by the Federal Accounting Standards Advisory Board (FASAB or “the Board”) which...
