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Mattress Firm Closes Stores

Mattress Firm Closes Stores

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No More Leases in the Junk Drawer

No More Leases in the Junk Drawer

How FASB has changed lease accounting and performance bonuses at the same time Because of the prevalence of leasing for many companies, FASB and IASB have amended accounting guidance (ASC 842) to provide more reporting on lease transactions. The new accounting...