Impacts of Lease Accounting Changes on Your Healthcare Organization
The Financial Accounting Standards Board (FASB) has issued an Accounting Standards Update (ASU) on lease accounting. This ASU affects all companies that lease assets and can significantly change the way health care entities account for leasing arrangements. This update is intended to increase transparency in lease accounting by requiring organizations to report any long‐term lease liability on the balance sheet.
In this webinar, you will learn how to record leases under the new standard and hear about additional considerations.