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News Stories (4 Results) - ASC 842

With the final ASC 842 lease accounting compliance deadline finally in sight, private companies are quickly shifting focus after 73 percent deprioritized their lease accounting transition in 2020, according to a new report, “To the ASC 842 Finish... Read Story
December 15, 2021, 07:04 AM


Visual Lease introduced ASC 842 Proven Path, a full end-to-end lease accounting solution for private companies with fewer than 100 leases. Similar to the company’s GASB 87 Complete solution, ASC 842 Proven Path combines Visual Lease’s software... Read Story
August 13, 2021, 07:00 AM


Visual Lease unveiled the results of an in-depth study of 500 senior finance and accounting professionals analyzing where companies are in their efforts toward achieving compliance with ASC 842. The report reveals that despite 100 percent of... Read Story
August 02, 2021, 07:10 AM


Companies are continuing to feel the brunt of the new lease accounting standards this year, with the average company seeing lease liability increases of 419 percent, according to the latest 2021 Lease Liabilities Index Report from accounting... Read Story
May 19, 2021, 07:05 AM