CPA Richard Forrest, cited in our January Top
Line column (page 14) for his helicopter exploits in
hurricane-battered New Orleans, is a partner at Forrest and Kelley
LLP, a Houston law firm specializing in helping accounting firms. His
son, Richard Forrest II, is with the Houston accounting firm of
Gainer, Donnelly & Desroches LLP.
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Getting leases in lineASC Topic 842 is a relatively simple standard that can mean profound changes for organizations with leases. This report examines what makes this standard challenging and describes new ways for CPAs to add value.