Business

New Lease Accounting Standard: Deferred But Not Forgotten

Although the new lease standard implementation has been deferred, contractors must review current and future lease agreements to proactively position and prepare the entity’s financials.
By Robert Mercado and Michelle Johnson
April 30, 2021
Topics
Business
by Robert Mercado

Robert Mercado, CPA, CCIFP, is based in Marcum’s New Haven, Conn. Office, where he specializes in conducting, reviewing and analyzing financial information for construction contractors, manufacturers and service corporations. Marcum LLP’s Construction Services group provides audit, consulting, and taxation services to clients ranging from start-ups to multi-billion-dollar enterprises. Marcum LLP's Construction Services group provides audit, consulting, and taxation services to clients ranging from start-ups to multi-billion-dollar enterprises and publishes the annual Marcum National Construction Survey, the quarterly Marcum Commercial Construction Index, the Marcum PAS Contractor Compensation Quarterly, and the annual Marcum JOLT Survey Analysis of construction employment trends--and presents an ongoing series of industry summits and technical webinars focused on the unique needs of construction contractors.

 

by Michelle Johnson

Michelle Johnson, CPA, has more than 20 years of experience in public accounting, specializing in audit, tax and other financial services for privately held businesses. Marcum LLP's Construction Services group provides audit, consulting and taxation services to clients ranging from start-ups to multi-billion-dollar enterprises.

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