ASU 2015 02 Leases change starting Q1 2019?

This topic has 2 replies, 3 voices, and was last updated 5 years, 5 months ago by Steven.

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August 26, 2018 at 9:32 am #1945291

Anonymous
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I’m currently studying FAR using Becker, and the pass key says everything in the module is applicable through the end of 2018. Since this new FASB rule is starting Q1 2019, and I am taking my exam in January should I contact Becker for updated materials?

Not quite sure what to do.

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November 12, 2018 at 3:08 pm #2056910

smallgiant
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I am considering the same problems.
I am taking FAR next Q1 and I am not sure what to do… Please reply if there is anyone who can help us!

November 12, 2018 at 9:48 pm #2057303

Steven
Participant

Yep, ran into the same issue. The lease change will be applied for Q1 2019. I contacted Becker and they still haven't updated FAR. However, they'll be updating sometime this week. I ended up just rescheduling FAR for March instead of January and will take BEC in the meantime.
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