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Identifying embedded leases - Deloitte

Identifying embedded leases - Deloitte

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While the definition of a lease under the new standard is not much different than under ASC 8402—and the requirement to search for embedded leases is not new— the financial statement impact of failing to appropriately identify a lease can be more significant under ASC 842.Under ASC 840, operating leases and service contracts that

  Identifying, Standards, Under, Lease, Embedded, New standard, Identifying embedded leases

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