Author: Nicole Seaholm
With the adoption of the new leasing standard (ASC 842), the first step is to identify your lease population, their payment terms, and the lease classifications. After you have identified these, where do you go from here? Finance and operating leases have different treatments in the financial statements. While both...
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In 2022, most private companies will be required to follow a new set of leasing standards which require financial statements to report all leases on their balance sheet. In a future post, we will detail how this will impact the financial statements and recordkeeping of your company. This post will...
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In September 2013, I was interviewed by Copeland Buhl & Company employees for a full-time staff accountant position. Over the course of the day, I met a variety of employees who greeted me kindly, discussed company sponsored events, and explained their experience working at the company. I remember driving home...
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