Rochester Institute of Technology adopted the Financial Accounting Standards Board (FASB) new accounting guidance on leases FASB Accounting Standards Codification Section 842 ("ASC 842") on July 1, ...

MILWAUKEE, Feb. 14, 2024 (GLOBE NEWSWIRE) -- LeaseCrunch LLC, a leading accounting software company, today announces the company is offering a webinar on “Lease Accounting 101: Back to ASC 842 Basics.

FASB Accounting Standards Codification (ASC) Topic 842, Leases, issued in February 2016, marked a significant overhaul in the financial reporting of long-term leases. Its adoption created many ...

On February 25, 2016, FASB issued its new lease accounting standard update (ASU) No. 2016-02, Leases, which codified ASC Topic 842 (Topic 842). Topic 842 is effective for calendar year-end public ...

One silver lining of COVID-19 appeared when private companies received a short reprieve from the new lease accounting standards courtesy of FASB ASC 842 — “reprieve” being the operative word here.

New Partnership Program Helps CPA Firms Deliver Efficient ASC 842 Compliance Solutions for Clients with Modest Lease Portfolios Many advisory firms serve clients with smaller lease portfolios ...

Accounting and finance organizations for many multinational businesses are currently working to create plans for two separate lease accounting standards: the Financial Accounting Standards Board’s ASC ...

Bloomberg Tax has updated its ASC 842 lease accounting compliance system, Advantage Leased Assets, with features including support for customized, flexible lease payment schedules. The latest version ...

MILWAUKEE, July 10, 2025 (GLOBE NEWSWIRE) -- Crunchafi, a leading provider of cloud-based SaaS products built for accounting and financial professionals will present in two key accounting conferences ...

MILWAUKEE, Dec. 10, 2025 (GLOBE NEWSWIRE) -- Crunchafi, a leader in SaaS technology for accounting and financial professionals, will host a CPE-qualified webinar, “ASC 842 Year-End Wrap Up: Key ...