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Lease Accounting in 70 Seconds

The new lease accounting standard, ASC 842, is one of the most significant accounting overhauls in recent history, impacting organizations across all industries. It may come as a surprise, but any contract has the potential to be or contain a lease under the new guidance, including real estate, shipping, or cloud computing contracts. We’re here […]

Industry Trends: Discretionary Spending Down, Profit Margins Up – Read more!

Deltek releases GovConClarity Industry Trends this week, confirming our observation of trends over the past year. Highlights from the survey are: Overall pool of available dollars for discretionary spending is down 4%. There are a few growth sectors – Energy/Conservation, Budget Streamline Processes for the Government; Healthcare; and, of course, Cyber. In general, it appears […]