How to Perform a Lease Classification Test

How to Perform a Lease Classification Test

After collecting and organizing your organization’s contracts, you’ll want to determine if each individual contract is a finance or an…

How to Determine the Discount Rate Under ASC 842

How to Determine the Discount Rate Under ASC 842

One of the key differentiators when Comparing ASC 840 to ASC 842 is that now all leases, both finance (previously…