If a Right-Of-Use Asset is determined to be impaired, the impairment is immediately recorded, thereby reducing the carrying amount of the asset. Visit us at www.ugaapinc.com.
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Right-of-Use Asset
1. Lease Accounting Solution
Our Lease Accounting Solution
can reduce your time to comply with
the new rules by 80% and will help in
transition to the new leasing
regulations. Email us at
office@ugaapinc.com.
2. Lease Accounting
Fundamental changes in Lease
Accounting will have significant business
implications in virtually every industry.
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3. 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.
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.