July 6, 2022
Construction Executive published an article by Assurance Partner Robert Mercado, about financial reporting under ASU 842.
Construction Executive
By Robert Mercado, Partner, Assurance Services
Excerpt:
This new lease standard is expected to have a significant impact on how entities report certain types of leases on their financial statements. This change could have a detrimental impact on the way outside parties view a contractor’s financial statement.
