ASC 842 Lease Accounting Standard

ASC 842 Lease Accounting Standard

By: Rob Robinson

The new lease accounting standard, ASC 842, is required for public companies 1/1/2019. Private companies must comply with the new standard beginning 1/1/2020.

Horn Solutions can provide the following support –

o       A leasing tool kit to gather an inventory of your leases, assess your lease contracts, and value for accounting purposes.

o       Communication with your locations and departments searching for leases

o       Writing white papers and accounting policies

o       Identification of contracts that could include embedded leases

o       Experienced ASC 842 consultants

We can help any size company meet the deadlines for implementation of Lease Accounting Topic 842.

Contact us:

DFW office 469-609-0005

Houston office 281-207-7702