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2024 FASB ASC MFCs: Leases MFCs On the Rise

Apr 17, 2025 · 231.2 KB Download

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We continue our reporting on 2024 Peer Review Matters for Further Consideration (MFCs) by unveiling the Top 10 list of MFCs citing a FASB Accounting Standards Codification (ASC) Topic. The 2024 list features a large increase in MFCs citing FASB ASC 842, Leases. As FASB ASC 842 became effective for private companies for calendar year end December 31, 2022, the 2024 Peer Review cycle provides us with more complete insights into adoption of FASB ASC 842. Last year,

Download the CPEA Report - April 2025 - 2024 FASB ASC MFCs Leases MFCs On the Rise

File name: CPEA Report - April 2025 - 2024 FASB ASC MFCs Leases MFCs On the Rise.pdf

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Accounting & Financial Reporting
Firm Practice Management

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Center for Plain English Accounting
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