Lease Standards and Proprietary Schools

Steen Morneweck

Dynamic professional with expertise in Title IV reporting, delivering innovative solutions.

​How Lease Standards Affect Proprietary Schools' Finances
The changes to lease accounting rules (ASC 842) have made a big impact on how proprietary schools record leases in their financial statements. What used to be a minor issue —“deferred rent”— now has the potential become a significant factor in a school’s composite score.

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