Last month, we detailed the top four areas of FASB Accounting Standards Codification (FASB ASC) 842, Leases, disclosure or presentation Matters for Further Consideration (MFCs). This month, we continue with our analysis of the remainder of our list (copied below). We conclude with discussion about the conspicuous absence of important disclosures in FASB ASC 842 related to short-term lease cost and variable lease cost. The areas we review in this report include presentation requirements on the statement of cash flows
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Lease Disclosure/Presentation MFCs - Part II
Jun 16, 2025 · 1 min read
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Download the CPEA Report - June 2025 - Leases Disclosure-Presentation MFCs - Part II
File name: CPEA Report - June 2025 - Leases Disclosure-Presentation MFCs - Part II.pdf
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