What does ASC 840 mean? ASC 840Noun The primary source of guidance issued by the US Financial Accounting Standards Board (FASB) on the accounting for leases by lessors and lessees, which will be superseded by ASC 842 effective as of 15 December 2018. Related Item(s):How do lessees classify leases under ASC 840 and IAS 17?How are leases classified by lessees under ASC 840 and IAS 17?How do lessors classify leases under ASC 840 and IAS 17? 2020-04-27T15:07:58+02:00 Share the knowledge! Choose your platform: FacebookXRedditLinkedInTumblrPinterestVkEmail
