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ASU 2016-02 (Leases) – Key Components and Important Considerations

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After years of consideration, the Financial Accounting Standards Board (FASB) revised lease accounting by issuing Accounting Standards Update (ASU) 2016-02, Leases (Topic 842). In the eyes of the FASB and users of the financial statements, leases in the financial statements of lessees represented valid assets and obligations as a result of the lessee receiving the right to use certain assets while receiving the economic benefits of using such assets.

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Scott Hazy and Tom Jollay Featured in the Atlanta Journal-Constitution for 2019 Georgia Construction Outlook Survey Results

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In an article published recently by The Atlanta Journal-Constitution, partners Scott Hazy and Tom Jollay are featured for their comments on the 2019 Georgia Construction Outlook survey. Local builders in Atlanta have more work than a year ago, and despite a weak national employment report, the construction industry is aggressively trying to fill positions in Atlanta.

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