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?




Leasing impact accelerated assessment



Contact us

Henri Leveque
Partner, Deals, Global and US CMAAS Practice Leader
Tel: +1 (678) 419 3100

Paul Sheward
Partner, Deals, U.S. Accounting Advisory Services Leader
Tel: +1 (312) 298 2232

Sheri Wyatt
Partner, Deals, Accounting Advisory Services
Tel: +1 (312) 298 2425