Sciarabba Walker Blog

The information in these blog posts is provided for general informational purposes only and is not intended to substitute for accounting, tax, or financial advice from a professional accountant. While we use reasonable efforts to furnish accurate and up-to-date information, we do not warrant that any information contained in or made available through this blog is current or error free. No part of this communication is intended to be used for the purpose of avoiding penalties under U.S. federal tax law.

Changes to Lease Accounting

Accounting for leases can be quite complicated, but the benefits of entering into a lease agreement may outweigh the tricky task of analyzing each new contract. In February 2016, the Financial Accounting Standard Board (FASB) issued Accounting Standard Update (ASU)...

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