FASB Accounting Standards Update (ASU) No. 2023-01, Leases (Topic 842): Common Control Arrangement, brings clarity to lease accounting for private companies and not-for-profit organizations concerning common control leases and leasehold improvements. This important update provides practical solutions for navigating related-party arrangements and more. The downloadable March 2023 CPEA alert, “ASU 2023-01 Accounting for Common Control Leases & Leasehold Improvements,” provides in-depth guidance on the key updates, practical expedients, and implications of the amendments in ASU No. 2023-01.
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ASU 2023-01 accounting for common control leases/leasehold improvement
Sep 30, 2023 · 299.9 KB Download
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Download the CPEA alert - March 2023 – ASU 2023-01 accounting for common control leases & leasehold improvements
File name: CPEA alert - March 2023 – ASU 2023-01 accounting for common control leases & leasehold improvements.pdf
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