Off the Books—and Back On

November 16, 2023

The world of financial accounting is evolving fast, with recent shifts in lease accounting standards (from ASC 840 to ASC 842) reshaping the industry. ?

At Newbanks, we’re at the forefront of these changes in construction finance. Read on for more insights on how this affects the industry and your business.

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Newbanks has been a leader in construction consulting services for the nation’s primary lending institutions for over 60 years. We offer comprehensive due diligence, construction-related, and specialty services for our clients in a transparent, easy-to-understand format. If you have any questions at any point, we’re always a phone call away. Our consultants are employees, not subcontractors; they communicate directly with you. We have regional offices in Atlanta, Birmingham, Boston, Dallas, New York, Orlando, Raleigh and Washington and field offices across the United States. Contact us today at 1-833-201-4774 or visit our website at newbanksinc.com to learn more.