- NY Credits : 2.0
- TX Credits : 2.0
Paul Munter, PhD, CPA, considers the new lease guidance and its impact on the financial statements.
Upon completion of this segment, the user should be able to:
identify the criteria for leases under ASU 2016-2,
list the exceptions to the lease guidance under US GAAP, and
identify changes to the lease guidance compared to the existing guidance in US GAAP.