December 14, 2020   //   Business Consulting   //   By PKF Mueller Solutions


The new ASC 842 standard for lease accounting fundamentally changes how companies recognize operating leases. Have you familiarized yourself with the changes and new regulations of this new lease accounting standard? LucaNet North America and PKF Mueller will take you on a journey covering the general changes, as well as the 6 most significant topics:

  • Effects on financial statements and key ratios
  • Effects on companies’ processes
  • New lease classification criteria
  • Initial measurement of lease liability and right-of-use-asset
  • Remeasurement vs. modification
  • Presentation and disclosure requirements


For more information, please contact:

James Hare III, M.A.S., CPA
+1 847 649 8831