While the effective date from which companies must comply with the proposed changes to the FASB/IASB lease accounting rules is expected to be January 2013, the impact of the new lease accounting standard will be more far reaching than many companies realize. Therefore, companies need to start to plan for the new standard immediately.
This must-read whitepaper provides insights into the following:
- Overview and objectives of the new lease accounting standard
- How the new lease accounting standard will impact companies’ financial statements and real estate strategies
- Details of the action plan necessary to streamline new processes and systems to achieve compliance with the new lease accounting standard