Are you ready for the new lease accounting?

Planon / Planon Innovationen

As of 1 January 2019, the new regulatory lease accounting standards ASC 842 and IFRS 16 as set forth by the US based Financial Accounting Standards Board (FASB) and allied International Accounting Standards Board (IASB) drastically change the way leases are treated in accounting and have large impacts on a company’s balance sheet and financial position.

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As of 1 January 2019, the new regulatory lease accounting standards ASC 842 and IFRS 16 as set forth by the US based Financial Accounting Standards Board (FASB) and allied International Accounting Standards Board (IASB) drastically change the way leases are treated in accounting and have large impacts on a company’s balance sheet and financial position.

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