In June 2020, FASB issued Accounting Standards Update 2020-05, which provides nonpublic entities and nonprofits additional time to implement Accounting Standards Codification (ASC) 842, Leases. This document has been refreshed to incorporate subsequent standard setting and implementation guidance issued by FASB.
ASC 842, Leases: July 2022 Update
FASB • July 25, 2022
FASB has provided nonpublic entities and NFPs additional time to implement ASC 842, Leases. This document has been refreshed to incorporate standard setting and guidance issued by FASB.
