ASC 842 – A Guide to Embedded Leases

ASC 842 – A Guide to Embedded Leases

With the adoption of ASC 842 comes the challenge of identifying embedded leases.  While the concept of embedded leases also existed under ASC 840, the treatment of expenses under these contracts did not vary from other operating leases, so the identification was...

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Bringing Your ASC 842 Team Together

Bringing Your ASC 842 Team Together

Welcome to the first in a series of articles to help companies prepare for the challenges of adopting the new ASC 842 accounting standard. In this post, I explain why it takes a team approach and give my thoughts on who should participate based on my past experience.

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