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.
DFW office 469-609-0005
Houston office 281-207-7702