Update: On Wednesday, June 3, 2020, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update 2020-05, which granted a one-year delay on the required implementation dates of the new lease and revenue recognition standards for certain entities.   What Discount Rate is Appropriate When Calculating the Initial Value of a Lease? Issued in February 2016, … Continue reading Appropriate Discount Rates for Leases Under ASC 842