New FASB Lease Accounting Standard – Reaping the Rewards of Early Planning

On February 25, 2016, The Financial Accounting Standards Board (FASB) issued Accounting Standard Update (ASU) 2016-02 Leases (Topic 842). It is real, and for many companies, the changes are going to have HUGE implications on your balance sheet. Here is what we mean in a nutshell. Read more.