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Asc 842 is arriving soon! Mark your calendars! Set your alarms!


ASC 842 arrives later this year on December 15, 2018! ASC 842: Leases will change how FASB reporting companies recognize, measure, present and disclose leases. This eBook goes through the ins and outs of ASC 842.

Abstract


ASC 842: Leases will change how US GAAP reporting companies recognize, measure, present and disclose leases. The new model which moves formerly off-balance sheet leases onto the balance sheet (with exceptions) will require compliance as of December 15, 2018 and is set to impact every piece of disclosure from financial metrics and ratios, to balance sheets and to the way companies consume big ticket assets.

Positioned to disrupt companies across all fronts, including finance, IT and HR, this eBook goes through the details of ASC 842, so you can better understand the impacts it will have on your operations. In this eBook, you’ll learn:

- The requirements of ASC 842
- Industries impacted and the impacts to processes
- Steps you can take to prepare in order to comply as quickly as possible

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