The document discusses significant changes in lease accounting due to new standards ASC 842 and IFRS 16, which will impact organizations' balance sheets across various industries. It provides contact information and encourages visits to their website for further details. The new standards aim to improve the accounting of different leasing contract types.

1. Lease Accounting
Fundamental changes in Lease
Accounting will have significant
business implications in virtually every
industry. For more details visit us at
www.ugaapinc.com.

2. ASC 842
New lease accounting standards contain
changes that may affect the future of
your organization's balance sheet i.e.
ASC 842. Any queries, email us at
office@ugaapinc.com.

3. IFRS 16
The lease extracts the attributes
of different leasing contract
types and processes them in a
lease accounting tool according
to the new IFRS 16 standard.
Visit us at www.ugaapinc.com.

4. New Lease Accounting Standard
The New Lease Accounting Standard has developed the
codification of 842 and IFRS 16, respectively that provide the
requirements of financial accounting. Email us at
office@ugaapinc.com.

5. Address:-
32 Hamilton Drive
Asheville, NC 28715
Website: ugaapinc.com