Unexpected challenges, technical considerations, and how to meet a fast approaching deadline
The latest US GAAP and IFRS lease accounting changes are more complex and time consuming than many realize. With an imminent deadline of January 1, 2019, companies with hundreds or thousands of leases that are not well underway with their implementation process will have difficulty meeting the requirements in time. This guide will help. It outlines the most common, and often unexpected, challenges of US GAAP and IFRS compliance, technical considerations, and how to accelerate the assessment and implementation process.