Webinar Recording: Are You Ready for ASC 842? Simplify Your Lease Accounting

As the recovery continues, many businesses and exempt organizations are taking another look at the new lease accounting standard and requirements. Learn how to simplify the process.

2021-08-09T08:29:58-04:00July 20, 2021|Categories: Accounting, Live Webinar, Past Events|Tags: |

Accounting Elective for Rent Concessions During COVID-19

One of the effects of cash flow shortages from COVID-19 has been an increase in rent deferments or abatements. It’s one thing to alter the language of a contract, but the question becomes how to treat rent concessions in the financial statements, and which set of guidelines to follow.

2020-12-28T11:21:08-05:00December 28, 2020|Categories: PBMares COVID-19 Insights|Tags: , , |

New Standard Changes How Leases are Treated Effective Late 2019

Accounting Standards Update (ASU) 2016-02, Leases (Topic 842) – issued February 25, 2016 For most non-public entities this update is effective for fiscal years beginning [...]

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