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ASU 2019-10 : Amendments to Subtopic 842-10

The FASB has issued ASU 2019-10, which amends the effective dates for three major accounting standards.  The ASU defers the effective dates for the credit losses, derivatives and leases standards for certain companies. Please find the accounting update regarding leases for nonpublic entity. Amendments to Subtopic 842-10 Amend paragraphs 842-10-65-1 and 842-10-65-4 and their related…

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