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The new ASU (Accounting Standards Update) for Leases (Topic 842) under USGAAP has been issued by FASB. For public companies, the ASU is effective for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2018. Thus, for a calendar-year company, it would be effecti

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Nidhi Agarwal is fellow member of ICAI, qualified in May 2001 with All India Rank. She graduated in B.Com (H) from SRCC, Delhi University and has over 15years of strategic and tactical experience in finance, specifically in the areas of financial operations and accounting, external reporting, process migrations and tra .. Read more

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