ASC 842, Leases definition

ASC 842, Leases means FASB Accounting Standards Codification Topic 842, Leases.
View Source

Examples of ASC 842, Leases in a sentence

  • In addition, ▇▇▇▇▇▇▇▇ did not included a transaction accounting adjustment for ASC 842, Leases, for the Merom Plant as the adoption of this standard is not expected to be material.

  • All accounting terms not specifically or completely defined herein shall be construed in conformity with, and all financial data (including financial ratios and other financial calculations) required to be submitted pursuant to this Agreement shall be prepared in conformity with, GAAP, applied in a manner consistent with that used in preparing the Historical Financial Statements, except as otherwise permitted herein and excluding impacts of the adoption of Topic ASC 842, Leases.

  • Further, Management identified certain adjustments required to conform ▇▇▇▇▇’s accounting policies with those of ▇▇▇▇.▇▇▇, including adoption of ASC 842, Leases (“ASC 842”) and ASC 326, Financial Instruments – Credit Losses (“ASC 326” or “CECL”) that had not yet been implemented by Divvy.

  • Any lease, whether now existing or hereafter entered into, under which Credit Acceptance or any Credit Agreement Subsidiary is a lessee, other than a Capitalized Lease, including all leases of such Person that are or would have been treated as operating leases for purposes of GAAP prior to the issuance on February 25, 2016 of the ASU 2016-02 (ASC 842, Leases), in each case for purposes of this Agreement.

  • The Company has adopted the practical expedient not to separate the non-lease components that would be within the scope of ASC 606, Revenue from Contracts with Customers ("ASC 606") from the associated lease component as the relevant criteria under ASC 842, Leases ("ASC 842") are met.

  • In-process Research & Development $ 6,400 Indefinite N/A The Company adopted ASC 842 Leases on January 1, 2019.

  • In addition, ▇▇▇▇▇▇▇▇ did not include a transaction accounting adjustment for ASC 842, Leases, for the Merom Station as the adoption of this standard is not expected to be material.

  • Accounting for leases - To conform the accounting of Zikani’s facility lease in accordance with Eloxx’s accounting policy under ASC 842, Leases.