Right-of-Use Asset
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The document discusses significant changes in lease accounting due to new standards ASC 842 and IFRS 16, which will impact organizations' balance sheets across various industries. It provides contact information and encourages visits to their website for further details. The new standards aim to improve the accounting of different leasing contract types.
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Right-of-Use Asset
- 1. Lease Accounting Fundamental changes in Lease Accounting will have significant business implications in virtually every industry. For more details visit us at www.ugaapinc.com.
- 2. ASC 842 New lease accounting standards contain changes that may affect the future of your organization's balance sheet i.e. ASC 842. Any queries, email us at office@ugaapinc.com.
- 3. IFRS 16 The lease extracts the attributes of different leasing contract types and processes them in a lease accounting tool according to the new IFRS 16 standard. Visit us at www.ugaapinc.com.
- 4. New Lease Accounting Standard The New Lease Accounting Standard has developed the codification of 842 and IFRS 16, respectively that provide the requirements of financial accounting. Email us at office@ugaapinc.com.
- 5. Address:- 32 Hamilton Drive Asheville, NC 28715 Website: ugaapinc.com