January 1, 2017

Assurance Partner Michael Feinstein and Director Sougata Banerjee co-authored an article on the new GAAP standard for lease accounting, for CalCPA’s January newsletter.

CalCPA

Michael Feinstein, Partner, Assurance Services & Sougata Banerjee, Partner, Assurance Services

Assurance Partner Michael Feinstein and Director Sougata Banerjee co-authored an article on the new GAAP standard for lease accounting, for CalCPA’s January newsletter.

Excerpt:

“These changes may have a far-reaching impact regarding various aspects of a company’s operations, including its financial covenants, incentive programs, lease versus buy decision making and taxes. In addition, since virtually all leases will need to be reflected on the balance sheet, companies will need to enhance their processes to capture relevant data and report their leases.”


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