Checklist for Adopting the New Lease Accounting Standards

ASC 842 will require companies to now recognize a right-of-use (ROU) asset and related lease liability on the face of the balance sheet. We recommend using a 30-step implementation plan, which covers accounting policies, system assessment, and control design, to assist companies with implementation of ASC 842. Download our steps to follow after an initial assessment, to help navigate you through adoption.

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