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3:10
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Blue & Co., LLC
Video 1: Overview of the ASC 842 for Lessees
The Financial Accounting Standards Board (FASB) issued ASU 2016-02, Leases, (codified as ASC 842) back in 2016, after nearly a decade-long convergence project with the International Accounting Standards Board. After the pandemic-related deferral, the effective date to comply with FASB’s new lease standard is quickly approaching for non-public ...
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