SAP® Lease Administration and Compliance with New Lease Accounting Standards: What You Need to Know Now
You need to start getting ready now: In 2016, the International Accounting Standards Board (IASB) and the Financial Accounting Standards Board (FASB) issued new standards for lease accounting: IFRS 16 & ASC 842, which must be implemented by 2019. Both IFRS 16 and ASC 842 are the result of a joint effort between the IASB and FASB to meet the objective of improved transparency, comparability and financial reporting. These changes will impact virtually all companies, whether lessors or lessees.
This Nakisa & Bramasol co-authored eBook provides an overview of: