March 14, 2019

Construction Executive published an article on the new lease accounting standards, by Assurance Partner Bill Clark and Accounting Services Director Ira Kantor.

Construction Executive

By Bill Clark, Partner, Assurance Services & Ira Kantor, Director, Tax & Business Services

Related Industry Construction

Construction Executive published an article on the new lease accounting standards, by Assurance Partner Bill Clark and Accounting Services Director Ira Kantor.

Excerpt:

There may be situations where certain contracts not previously considered leases under the old standards now will be considered leases, even though the contracts may not contain the word “lease.” Only time will tell how ASC 842 will impact each construction company’s financial statements, ratios and covenants.

Click here to read a PDF version of the article >>

Related

Ira  Kantor

Ira Kantor

Director

  • Tax & Business
  • Melville, NY
William  Clark

William Clark

Partner

  • Assurance
  • Nashville, TN