Audit New Lease Standard – Part 8: Comprehensive Examples In this article, we will look at an example based on the previous explanations. Suppose…tuedaNovember 8th, 2022
Audit New Lease Standard – Part 7: Initial Direct Costs In this article, we will look at initial direct cost from the perspective of…tuedaNovember 7th, 2022
Audit New Lease Standard – Part 6: Nonlease component In this article, we will look at the non-lease component of a lease contract from…tuedaNovember 6th, 2022
Audit New Lease Standard – Part 5: Lease Payments In this article, we will look at the treatment of amounts paid with respect to…tuedaNovember 5th, 2022
Audit New Lease Standard – Part 4: Discount Rate In this article, we will explain the discount rate used to calculate the lease obligation.…tuedaNovember 4th, 2022
Audit New Lease Standard – Part 3: Transitional Measures In this article, we will look at the transitional provisions when the new lease standard…tuedaNovember 3rd, 2022
Audit New Lease Standard – Part 2: Operating Leases and ROU Assets The major change in the new lease standard (ASC 842) is the treatment of operating…tuedaNovember 2nd, 2022
Audit New Lease Standard – Part 1: Types of Leases The effective date of the new lease standard (ASC 842) is approaching. For calendar year…tuedaNovember 1st, 2022