The Impact of ASC 842 – The New Lease Standard Is Here
Construction Business Owner
JUNE 1, 2022
Going forward there will be a long-term asset offset by a current liability and a long-term liability. Existing debt covenant calculations may need to be amended as a result of the implementation of the new lease standard. Main Image. Consider the benefits of practical expedients. Visit www.cicpac.com. . Sponsored by.
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