Download 10Minutes on off-balance-sheet arrangements
In January, new reporting requirements will bring more off-balance-sheet arrangements on to the books of both financial and nonfinancial firms. These changes will affect more than just financial reporting. Some asset-based financing techniques may become less attractive, while current or planned collaborations with other companies may need to be rethought or restructured. Financial metrics, operations, stakeholder communications, internal controls, and IT systems may be affected as well.
10Minutes on off-balance-sheet arrangements explains how these upcoming changes may affect how companies design and manage future financing transactions and strategic relationships. It also suggests specific action steps companies can take to prepare today…before the new rules go into effect.