As we have mentioned for the last two years in this blog, it is time to implement the new lease standards.  Our Accounting and Audit heads Lynn Osborn and Dan Johnson take a deep dive into the new lease accounting standards for financial statements. For the standard nerds, that’s ASC 842. Topics include capital leases, which are now called financing leases, operating leases, right of use assets, and the potential to restructure leases.

 

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The JMF Advisors Show is a podcast for business owners, c-suite executives, and entrepreneurs who are looking to build, grow, or even exit a business. We bring in some of our best financial advisors to interview experts on business best practices, hot topics, and sprinkle in some tax and accounting help. If you are a business owner, start-up founder, CFO, or just starting your side hustle, this podcast is for you.

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