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Leases 2.0: Is your company ready for ongoing compliance?

Tammy Whitehouse | March 6, 2019

With lease-related assets and liabilities about to hit corporate balance sheets, companies need to shift gears to focus on the ongoing implications of new lease accounting rules.

Accounting Standards Codification Topic 842 on leases requires companies to elevate virtually all of their leases out of footnotes and on to the face of the balance sheet beginning Jan. 1, 2019, for calendar-year public companies. That means first-quarter filings will begin reflecting the new accounting rules, grossing...

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