Accounting for leases under the new standard.

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 0 Undergraduate Writing from Scratch Research paper Needed 4

Paper details

Subject:

Accounting

Topic:

Accounting for leases under the new standard.

11 Point font and and 1.5 line spacing. You must reference any ideas taken from external sources. Please include at least 4 footnotes (not including the article or the codification) and a bibliography in standard form are required. an introduction paragraph with a thesis addressing the new lease accounting under the new standard (6-7 sentences). A conclusion to wrap up the thesis/main points of the paper (7-8 sentences). please spend most of the critical analysis in answering the two questions. 1. What are the implications of the potential differences in values between the right-of-use asset and the lease liability? 2. Will lessees resort to reducing the length of leases to less than a year to avoid the complications of lease accounting? Read the article “Accounting for Leases Under the New Standard, Part 1” in the CPA Journal at: https://www.cpajournal.com/2017/08/23/accounting-leases-new-standard-part-1/ You can access the Codification at http://www2.aaahq.org/ascLogin.cfm