ASC 842: Implementing the New Leasing Standard

Michelle S. Freeman

ASC 842: Implementing the New Leasing Standard

Department of Accountancy

Research output: Contribution to journal › Article › peer-review

Abstract

With the updated leasing standard from the Financial Accounting Standards Board (FASB) going into effect, companies will need to understand the basic principles and new definition of a lease, as well as the types of leases. Then they will be able to account for them properly, and more information will be transparent to the users.

Original language	American English
Journal	Management Accounting Quarterly
Volume	20
State	Published - Jan 1 2018

Keywords

ASC
leasing standards

Disciplines

Accounting

Access to Document

https://www.imanet.org/insights-and-trends/management-accounting-quarterly/maq-index/2018/fall-2018?ssopc=1

Cite this

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title = "ASC 842: Implementing the New Leasing Standard",

abstract = " With the updated leasing standard from the Financial Accounting Standards Board (FASB) going into effect, companies will need to understand the basic principles and new definition of a lease, as well as the types of leases. Then they will be able to account for them properly, and more information will be transparent to the users.",

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AU - Freeman, Michelle S.

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AB - With the updated leasing standard from the Financial Accounting Standards Board (FASB) going into effect, companies will need to understand the basic principles and new definition of a lease, as well as the types of leases. Then they will be able to account for them properly, and more information will be transparent to the users.

KW - ASC

KW - leasing standards

UR - https://dc.etsu.edu/etsu-works/5771

UR - https://www.imanet.org/insights-and-trends/management-accounting-quarterly/maq-index/2018/fall-2018?ssopc=1

M3 - Article

VL - 20

JO - Management Accounting Quarterly

JF - Management Accounting Quarterly

ER -

ASC 842: Implementing the New Leasing Standard

Abstract

Keywords

Disciplines

Access to Document

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Cite this