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Hide Demanded Field into the Accounting Contract

Hide Demanded Field into the Accounting Contract

Aug 6th, 2022

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How to Hide Demanded Field into the Accounting Contract

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66 votes

In this tutorial, hosts Sarah Cage and Adam Olson are joined by Ty Cotter, a specialist in lease accounting, to discuss embedded leases under the ASC 842 guidance. With private companies required to adopt this new leasing standard in 2022, the discussion is pertinent for identifying all types of leases. Ty Cotter shares his experience in implementing ASC 842 and navigating its complexities. Adam Olson emphasizes the importance of understanding the definition of a lease under U.S. GAAP as a foundational step for listeners before diving into the specifics of embedded leases. The conversation is aimed at both those new to the guidance and those who have already adopted it, providing key considerations for effective compliance.

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