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Posted on Sep 06, 2024

The new ASC leasing standard issued in 2016 now require organizations that lease assets or lessees to recognize assets and liabilities on their balance sheets

The new ASC leasing standard issued in 2016 now require organizations that lease assets or lessees to recognize assets and liabilities on their balance sheets for leases with lease terms of more than 12 months. How do you think this will impact the leasing business?

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