Cost benefits, beyond compliance
Potential operational improvements possible from leasing changes.
Adopting the new FASB lease accounting standard (ASC 842)
Sweeping transformation of current lease accounting rules will have widespread impacts for nearly all companies. How should you prepare?
2017 lease accounting survey: implementation progress report
More than a year after the FASB and the IASB issued new guidance for reporting leases on financial statements (ASC 842 and IFRS 16, respectively), PwC and CBRE surveyed finance and real estate executives regarding their progress to date in implementing the new standards. Explore the survey results to see where companies stand and how you compare.
Key findings include:
- How companies are approaching systems and data challenges
- Resource requirements
- Estimated costs
- Top implementation issues
Put prior accounting change experience to use
Lessons learned from adopting revenue recognition.
If you haven’t started yet, start here
Make scoping your lease portfolio a top priority, and other fast-start tips.
What will it cost to implement the leasing change?
The variables that will most impact cost and what to expect.
Create an ASC 842 implementation plan in just 6 weeks
Is your organization still determining how and when to start your transition to ASC 842, the FASB’s new lease accounting standard? PwC offers an efficient approach to help jump-start your leasing transformation.
Insights
Lease accounting webcast updates and insights - July 13 and 18, 2017
We invite you to attend our two-part webcast leasing series. Our leasing specialists will discuss implementation issues, potential impacts to your organization, and how you can prepare to transition to this new standard.
Leases
PwC's comprehensive guide to the new US GAAP leases guidance.
10Minutes on the new US lease standard
As companies begin to digest the FASB’s new lease standard, PwC provides some steps companies should take to get prepared.
Equipped for success
The new leasing standards pose a particularly difficult challenge when it comes to equipment, given the volume and decentralization common to equipment leases. However, a robust equipment lease management solution can provide benefits beyond compliance.
Potential tax considerations associated with the new leasing standard
A summary of several potential tax considerations when transitioning to the new leasing standard.
Leasing impacts beyond accounting
Consider these top systems, data, and process challenges – and potential solutions.
Data Sieve: How to solve your leasing data collection and analysis challenges
How PwC's approach and technology tools can simplify data collection and analysis during the transition to the new lease accounting standard (ASC 842).
