JD Supra

The Impact of the ASC 842 Lease Accounting Standards on a Toll Agreement for Stand-Alone BESS

The Financial Accounting Standards Board’s (FASB) recent lease accounting standards (ASC 842) are impacting toll agreements for stand-alone battery energy storage systems (BESS). These standards ...
The Business Journals

New ASC 842 lease accounting in oil and gas, renewable energy and utilities

To continue reading this content, please enable JavaScript in your browser settings and refresh this page. Accounting for leases requires lessees to record on their ...
JD Supra

After FASB Delays Accounting Standards, Here’s What Private Companies Should Be Doing Now

The Financial Accounting Standards Board (FASB) on May 20, 2020 affirmed its decision to amend the effective date of Topic 842 Leases (Topic 842) for private companies. Topic 842 will now be effective ...
Entrepreneur

Making a Seamless Move to FASB ASC 842 Audits

When the calendar flipped from 2021 to 2022, your private company didn’t only enter yet another year. Instead, it entered when the latest Financial Accounting Standards Board (FASB) ASC 842 compliance ...
Business Wire

iLeasePro Partners with Acumatica to Deliver an Integrated ASC 842 Lease Accounting Solution

BEVERLY, Mass.--(BUSINESS WIRE)--iLease Management LLC (“iLease”), developer of the iLeasePro, the cloud-based ASC 842 Lease Accounting solution announced today it has joined the Acumatica Development ...
WDTN

CRE SOFTWARE COMPANY PROVIDES FASB ASC 842 LEASE NEGOTIATION TIPS

Implementing FASB ASC 842 and IFRS 16 Standards Is Just the Beginning HOUSTON, July 15, 2022 /PRNewswire/ -- Commercial real estate software provider Quarem released tips to help with lease ...