June 21, 2022: New Lease Standards Under ASC 842

Published by Michael Novogradac on Tuesday, June 21, 2022 - 2:30pm

Michael Novogradac, CPA, and Novogradac partner Frank Buss, CPA, help listeners answer three key questions regarding the new lease guidance, ASC 842: 1. What are the new operating lease accounting requirements? 2. How will the new standard affect various tax credit property partnerships? 3. What do you need to know about complying with the new lease guidance?