Blog

Month: June 2018

Accounting for Leases

June 12, 2018 by Sue Thompson
Audit & Accounting, Copeland Buhl
The Financial Accounting Standards Board (FASB) issued Accounting Standards Update (ASU) 2016-02 Leases early in 2016.  The primary purpose of the new standard is to present on a balance sheet leases that otherwise would have been treated only as an expense in an income statement.  The standard impacts those who...
Read More
Sign up for our newsletter to keep up on the latest news and tax accounting tips.