A Complete Guide of Everything You Need to Know About GASB 87, ASC 842, IFRS 16
All Your Lease Accounting Questions, Answered
To achieve lease accounting compliance, there are so many new rules and regulations to adopt. How do you know where to begin? In this guide, we break down the complex FAQs, so you can better understand how the standards impact your organization, what to do before the effective date, and more.
This e-book provides a comprehensive look into the ins and outs of FASB ASC 842, IASB IFRS 16 and GASB 87 lease accounting standards, including:
- Ways to characterize different types of leases
- How to distinguish financial aspects of a lease
- What to do to prepare for the upcoming effective date