Recent articles
The search for lease accounting’s ‘new normal’
ASC 842, the new lease accounting standard, represents the most significant change in decades to the way companies account for leases under U.S. GAAP. For the first time, companies are required...
Right-of-Use Asset (ROU Asset) and Lease Liability for ASC 842, IFRS 16, and GASB 87 Explained
Learn how to calculate the lease liability and ROU asset under ASC 842 and IFRS 16.
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How to Account for Leases under IFRS 16 for Small Businesses
How to account for leases under IFRS 16 for small businesses.
Lease Accounting Transition Advice from the Experts
Accounting experts give their best advice for transitioning to the new standards.
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IRS Extends Employer-Sponsored, Leave-Based Donation Programs through 2021
The IRS has extended through 2021 the tax benefits provided to employers for leave-based donation programs that aid victims of the COVID-19 pandemic. What Are Leave-Based Donation Programs?...
GASB 87 Accrued Interest Example: Calculating the Liability Amortization
How to calculate liability amortization under GASB 87.