ASC 842: Recognizing below market rent payments and donated space While private companies and non-profit entities with calendar year-ends were required to adopt Accounting Standards Update 2016-02 under Accounting Standard Codification 842 (ASC 842) for the year ended December 31, 2022, many fiscal year non-profit entities are currently going through the process of adopting the … Continue reading Special Lease Considerations for Non-Profit Entities