ASC 842 - Lease Accounting Standard Change
What are you guys thoughts on ASC 842 - how companies must display long term leases (>1 year) on their balance sheet. To what extent will this affect our industry? See article below for additional info:
What are you guys thoughts on ASC 842 - how companies must display long term leases (>1 year) on their balance sheet. To what extent will this affect our industry? See article below for additional info:
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Very interesting. I always wondered why it wasn’t this way before.
I would imagine it would heavily impact those startups who blow their new funding on a high rise lease in SF... among others.
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