As noted in our companion report this month titled, FASB ASC 842: Reporting on Consolidating Information, the CPEA is receiving and answering questions from our members dealing with related party leases and presenting consolidating information within the context of implementing FASB Accounting Standards Codification (FASB ASC) 842, Leases. That companion report presents questions and answers on the topic. In addition to those inquiries, our members are asking about practical options available to management and auditors when:
a consolidated reporting