Industry Impacts

From the New Lease Accounting Standards

Industries that lease significant amounts of assets may be affected by the new lease accounting standards, ASC 842 and IFRS 16. To learn more about the possible impacts to your industry, follow the links below.

Energy

Oil and gas companies lease a diverse range of assets across exploration and production, storage and distribution, and corporate and administrative functions.
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Financial Services

Financial services and insurance companies lease a variety of assets that may include buildings for bank branches, office space, and outsourced operations.
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Health Care

Health care companies lease a diverse range of assets from manufacturing space for drug compounds, to lab equipment and hospital space.
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Higher Education

Higher Education institutions may lease assets from residence halls and classroom space to IT assets like printers and computers.
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Industrial Manufacturing

Many industries lease industrial manufacturing space, from companies in the automotive space to technology companies.
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Media and Telecommunications

Media, entertainment, and telecommunication companies lease a diverse range of assets from network space to physical advertising space.
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Mining and Chemicals

Mining and chemicals companies lease a diverse range of assets from mining equipment to storage and transportation.
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Retail and Consumer Products

Retail and consumer products companies lease a diverse range of assets from buildings to manufacturing equipment and may also act as lessors.
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Transportation and Logistics

Transportation and logistics companies lease a diverse range of assets including airplanes, terminals, ships, rail cars, and storage units.
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