The FASB announced sweeping changes to the accounting for leases earlier this year that will affect nearly all financial statement issuers. Travis W Harms, Mercer Capital’s Financial Reporting Valuation Group lead, discusses each topic.
To read the full article in Mercer Capital’s Financial Reporting Blog, click: 7 Things to Know About the New Lease Accounting Rules.
This article is republished from Mercer Capital’s Financial Reporting Blog. It is reprinted with permission. To subscribe to the blog, visit: http://mercercapital.com/category/financialreportingblog/.
