Private companies are facing a deadline on implementing the new lease accounting standard, but recent updates in the rules could make an impact on their financial statements and disclosures. Last month, the Financial Accounting Standards Board issued an accounting standards update to help lessors account for variable lease payments (see […]
Lease
When It Comes to Lease Accounting, Plan Ahead, Weigh Your Options, and Know Your Environment
© MathieuLphoto/iStock/Getty Images Plus As we pass the midpoint of the fiscal year and financial leaders start thinking about year-end deadlines, the new lease accounting standards may not seem like a top priority. But preparing for implementation now can position you for success and eliminate any last-minute hurdles. Financial Accounting […]