Month: July 2020

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Background

Bookkeeping

New Lease Standard and Impact to Not-For-Profit Organizations

ContentNavigating Lease PaymentsHow do I calculate the lease payments?Deep-Dive: Real Estate LeasesPrivate companies: 3 practical expedients to ease your ASC 842 journey An entity must now account for each separate lease component separately from the non-lease components of the contract. Non-lease components are not within the scope of ASC 842 and, therefore, are accounted for in accordance with other Topics such as ASC 606 . Hindsight practical expedient – Permits […]

todayJuly 16, 2020

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