Structuring Strategies for Off-Balance-Sheet Treatment of Real Property Leases

The Financial Accounting Standards Board released a new set of lease accounting standards, ASC 842, which went into effect earlier this year. Most significantly, publicly traded companies are now obligated to list all leases of 12 months or longer on their balance sheets as both assets and liabilities. Large private companies will follow suit in 2020.

12 minute read November 01, 2019 at 12:07 AM
By
Jun Kwon
Structuring Strategies for Off-Balance-Sheet Treatment of Real Property Leases

The Financial Accounting Standards Board (FASB) released a new set of lease accounting standards, known as Accounting Standards Codification (ASC) 842, which went into effect earlier this year.

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