Adopting the new FASB lease accounting standard

Sweeping transformation of current lease accounting rules will have widespread impacts for nearly all companies. How should you prepare?

How leasing standard changes impact your organization

The Financial Accounting Standards Board (FASB) and International Accounting Standards Board (IASB) have issued ASC 842 and IFRS 16, respectively, creating new lease accounting models that are not completely converged. The Standards affect both lessors and lessees, with significantly greater impact to lessees. Explore the resources here, which we will continually update with new developments, to help you transition to the new leasing standards.

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Why should companies care about the new lease accounting change?

How PwC can help

How to solve your leasing data collection and analysis challenges

PwC can help quickly mobilize your leasing transition efforts using Data Sieve, our proprietary technology that leverages machine learning to efficiently collect and process unstructured leasing data. 

Learn more about Data Sieve and PwC’s approach.

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Contact us

Henri Leveque
Partner, Deals, Global and US CMAAS Practice Leader
Tel: +1 (678) 419 3100
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Paul Sheward
Partner, Deals, U.S. Accounting Advisory Services Leader
Tel: +1 (312) 298 2232
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Sheri Wyatt
Partner, Deals, Accounting Advisory Services
Tel: +1 (312) 298 2425
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