lease abstraction
Tuesday, 02 November 2021 / Published in Lease Abstraction, Real Estate
Are you prepared with lease abstractions to comply with ASC 842 in January 2022?
Private companies are fast approaching the deadline of January 2022 for implementing the process to comply with the new lease accounting standard ACS 842. The intention behind this standard is to bring every operating expense on to the balance sheet that were previously off balance sheet.  What this essentially means is filling in all the
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