Episode 28 - What Lessees Need to Know about the New Lease Accounting Standards (ASC 842)

Today, Matt Wheeler and Michael Bryant discuss significant changes brought about by the new lease accounting standards effective for nonpublic companies for the year ended December 31, 2020. The Wheeler team explains how companies will perform their financial reporting in light of the new regulations, when to start this transition, and some of the disadvantages of transitioning early.

Listen in as Matt and Michael cover what lessees should know about the new lease standards.

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