Are you ready for the proposed changes to accounting for leases?
Given the potential impact that proposed changes to leasing will have on accounting, operations and IT systems, companies should begin assessing the implications of the proposal on existing contracts, technology and processes. This article summarizes the key provisions of the "Leases" exposure draft and includes a self-assessment questionnaire to help companies understand the potential impact of the Leases exposure draft. It was originally written for Financial Executives International.