2019 will be a big year for the treatment and reporting of leases and the impacts to the lessee, lessor, and company at large are shaping up to be significant. Origin of Change In a news release by the Financial Accounting Standards Board (FASB), it was noted that these changes have been a long time […]
The 2018 financial reporting season will be an important one as it marks the beginning of the implementation of the new GAAP changes. All companies will be impacted by the GAAP (Generally Accepted Accounting Principles) changes, perhaps with public companies feeling it the most. Due to this, all current finance and accounting personnel in companies, […]