Looking at Leases with Molly Stinn: A Six-Part Series
Molly Stinn, CPA, is an Equity Director at the firm.
Why is there a new lease standard?
In its review of SEC registrants, the Financial Accounting Standards Board (FASB) noted that publicly-held companies disclosed over $1 trillion of off-balance sheet leases. Per the current lease accounting rules, only those leases meeting the capital lease criteria are reported on the balance sheet, while many leases are s Read More >>