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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). Going forward there will be a long-term asset offset by a current liability and a long-term liability. Wed, 06/01/2022 - 12:48.

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Why Your Construction Company Needs Bookkeeping

Contractor Bookkeeping

It is important to compare your results to industry standards to determine where you need to improve your contracting company business model. This Is One More Example of how Fast Easy Accounting is helping construction company owners just like you put more money in the bank to operate and grow your construction company.