Under its core principle, a lessee will recognize right-of-use (“ROU”) assets and related lease liabilities on the balance sheet for all leases. In February 2016, the Financial Accounting Standards Board (“FASB” or “the Board”) issued its highly-anticipated leasing standard in ASU 2016-02 (“ASC 842” or “the new standard”) for both lessees and lessors. BDO is continuously finding new ways to help your organization thrive. When it comes to business, innovation is changing everything. The insights and advice you need, everywhere you do business. Stay abreast of legislative change, learn about emerging issues, and turn insight into action. The BDO Center for Healthcare Excellence & Innovation is devoted to helping healthcare organizations thrive, clinically, financially, and digitally.īDO is here to help your business – and you – persevere through crises, prepare for recovery, and once again thrive. The BDO Center for Healthcare Excellence & Innovation Your one stop for accounting guidance, financial reporting insights, and regulatory hot topics. Learn how we are encouraging diverse voices, empowering our people and taking action to effect change.īDO Center for Accounting and SEC Matters Innovative solutions to nonprofit organizations, helping clients position their organizations to navigate the industry in an intensely competitive environment. At BDO, we can help demystify ESG and bring clarity to the complexity-no matter where you are in your journey.Įquipping boards with valuable resources to address growing responsibilities.
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