There will be much change in lease accounting from 2019. From 1 January 2019, the Financial Accounting Standards Board (FASB) and the International Accounting Standard Board (IASB) will implement new standards, ASC 842 and IFRS 16 respectively. This immediately raises a number of issues. For example, to what extent will these new standards impact your organisation’s balance sheet and operations?
Download a free copy of this FAQ to get an overview of five frequently asked questions about lease accounting and our answers to them.