This episode covers several lease accounting updates; a new FASB ASU on governmental assistance disclosures; reminders about CECL; AICPA changes to quality management standards; and more.

*** NEW: This episode qualifies for nano CPE credit! Find out more at https://njcpa.org/nano. ***

Additional resources:

• FASB ASU 2021-09: Leases – Discount Rate for Lessees That Are Not Public Business Entities
• FASB ASU 2021-10: Government Assistance – Disclosures by Business Entities About Government Assistanct
• AICPA proposed ethics code revisions to address certain SEC rule changes