by P&M Advisors | Aug 22, 2021 | ASC 842
Is your organization preparing for ASC 842? It’s been a long time coming but now it’s here. The key questions remain: (1) How are you going to transition to it? (2) Do you have an infrastructure in place? and, more importantly, (3) What (if anything) does it change? ...
by P&M Advisors | May 31, 2021 | ASC 842
ASC 842 makes organizations record most leases on the balance sheet. The standard is designed to address the concept of off-balance sheet operating leases. Due to COVID, the adoption was postponed (1) additional year. Private companies now have to begin the transition...
