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The Impact of ASC 842 – The New Lease Standard Is Here

Construction Business Owner

It is time for contractors to get serious about the FASB ASU 2016?02 02 ASC 842 Leases, the new lease accounting standard issued by the Financial Accounting Standards Board (FASB). This requirement is FASB aiming for better transparency into the financial positions of companies. Wed, 06/01/2022 - 12:48.

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Why Your Construction Company Needs Bookkeeping

Contractor Bookkeeping

Since 1973, the Financial Accounting Standards Board (FASB) has been the designated organization in the private sector for establishing standards of financial accounting that govern the preparation of financial reports by nongovernmental entities. . - See more at: [link]. Click Here For More.