Latest / Weaver: Beyond the Numbers
Redefining Lease Accounting with Jody Allred and Colby Horn of Weaver
The new FASB standard is having a drastic effect on lease accounting. Though what you pay isn't changing, how you pay and categorize your leases is seeing a major shift. Under the FASB standard, lessees must use their balance sheet to recognize operating lease assets and liabilities, not just capital leases, which puts a new strain on CFOs and their teams to adjust.
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