Key Steps to the Lease Accounting Close
While some organizations have transitioned smoothly, others are still struggling to make the necessary business process and control changes.
FASB Gives Private Companies Breathing Room on Lease Accounting
FASB members voted unanimously to propose moving back the effective date for lease accounting and two other major new accounting standards.
Lease Accounting Post-Adoption
Many companies used brute force to meet the initial lease accounting deadlines. To comply long term, they will need processes, policies, and controls.
AICPA Urges Delay of Lease Accounting Rules
FASB should postpone the effective date of the “significant and complex” ASC 842 for a year for private companies, AICPA says.
Companies Are Moving Slowly on ASC 842
Here's a look at issues companies will face in implementing the new lease accounting standard.
The 11 Best Accounting Articles of 2018
Here are CFO editors’ picks for the best accounting stories this year.
Ready for the New Lease Accounting Standard?
There are 10 critical issues that U.S. companies are struggling with as they prepare for ASC 842.
Lessons from Early Lease Accounting Adopters
PwC offers a primer for the many companies that aren't yet far along in their implementation process for the new lease accounting standard.
How to Implement the New Lease Accounting Standard
With ASC 842 slated to take effect in just a few months, accounting teams need a methodical approach to implementation. Here is a guide.