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Financial
Reporting
Advisory,
LLC
Home
About
Blog
Contact
Applications
Member Login
Leases
GAAP Part 4.8 Leases Exception
Exception 08 - Leases
Were any
Lease
Modifications made? Modifications are made if there are alterations to the contracts that result in scope or consideration changes.
*
Yes
No
Exception does not apply.
Due to complexities regarding the adoption of the new leasing standard (ASC 842), it is advised that a professional be contacted regarding the types of assets and liabilities arising from a change in lease terms. Once the scope of the changes are determined, enter any needed fair valuations below, as well as any new accounts arising from newly
separated
contracts (if applicable)
If you are human, leave this field blank.
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