Risk Insights – Lease Accounting Standard

The most recent standard on lease accounting issued by the Financial Accounting Standards Board (FASB) has the potential to impact effectively all U.S. companies. Public companies must comply with the standard for periods beginning after December 15, 2018, while private companies have a one-year delay. Although this deadline may seem like a long time off, it will be here before you know it. Will the change impact your company? If so, how?

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