Recent articles
FASB Proposes Changes to Topic 842 Risk-Free Discount Rate Practical Expedient
This article explains FASB’s new proposed changes to ASC 842.
2021 FASB Innovation Summit: Notable Accounting Experts Discuss Implementation
A summary of the 2021 FASB Innovation Summit.
Reminders for using the measurement alternative under ASC 321
Learn about the measurement alternative under ASC 321.
Lease Amendment Accounting Explained: Expansion of Leased Premises
How to account for a lease that expands the leased premises beyond the original terms.
GASB Standards Effective Soon: Leases and Subscription-Based IT Arrangements
An overview of the new GASB standards, Statement 87 and Statement 96.
Interest Expense Calculation Explained with a Finance Lease Example and Journal Entries
How to account for interest expense.