ASC 842: Lessee’s Financial Statement Presentation of Leases

FASB Accounting Standards Codification (FASB ASC) 842, Leases, is effective for all entities other than a public business entity, a not-for-profit entity that has issued or is a conduit bond obligor for securities that are traded, listed, or quoted on an exchange or an over-the-counter market, or an employee benefit plan that files or furnishes financial statements with or to the U.S. Securities and Exchange Commission for annual reporting periods beginning after December 15, 2021 (i.e., calendar year 2022 for