Embedded Leases: Are They Hiding in Your Contracts?

Private companies are getting closer and closer (2022!) to the adoption deadline for the new lease accounting standard, ASC 842. That’s why we sat down with one of Embark’s lease accounting gurus, Ty Cotter, to discuss embedded leases in this episode of Accounting Matters, hitting on topics like:Why embedded leases matter under the new leasing standardCommon contract types that may contain lease componentsThe definition of a lease under ASC 842Accounting for lease and non-lease components in contractsFor more information on embedded leases:The Most Common Lease Accounting Pain Points Under ASC 842ASC 842, LeasesConnect with Embark on:LinkedInInstagramTwitterFacebookYouTubeListen to Accounting Matters on Apple Podcasts, Google Play, and Spotify.