Free Microlearning Videos: 

 

3 Key Concepts to Apply ASC 842 Leases

 

ASC 842 fundamentally changes the accounting for leases and private companies are required to apply it in 2022!

Before you start recording your leases on the balance sheet, you’ll need to determine the:

  1. Lease term;
  2. Lease payments; and
  3. Discount rate.

Our 3 microlearning videos walk you through these concepts so you'll be prepared. Enjoy!

 

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