Follow Us

Law.com Subscribers SAVE 30%

Call 855-808-4530 or email GroupSales@alm.com to receive your discount on a new subscription.

Commercial Litigation Landlord Tenant Law Litigation

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.

X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

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. 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.

Read These Next