What Discount Rate to Use Under ASC 842 to Calculate Your Lease Liability

Mark Phillips, CPA, is a partner in Aronson’s diversified commercial services group. With nearly 25 years of public accounting experience, he is a highly knowledgeable practitioner with a diverse background.

Phillips provides audit and other assurance services to clients operating in a broad range of industries, including technology, life sciences, investment funds, professional services, cooperatives, hospitality and retail. Phillips has also considerable prior experience working with clients in the government contracting, real estate, communications, publishing and leisure sectors.

Christopher Vasquez, CPA, is a partner in Aronson’s construction and real estate services group. He joined Aronson in 2003 and has more than 15 years of industry experience.

Vasquez specializes in accounting, assurance, and tax services for the real estate and construction industries. He is driven to help his clients thrive and proactively respond to industry forecasts and trends. He works with a wide range of real estate businesses, including Real Estate Investment Trusts (REITs), property owners, developers and asset management companies. Additionally, he works with a broad cross-section of construction businesses, ranging from emerging contractors to nationally recognized construction firms.