Lease Accounting Newsletter
December 13, 2018
Lease Accounting Newsletter

McKinsey on Impact of New Lease Accounting
The change in lease accounting standards will make it easier for investors and analysts to compare performance across companies at a high level. From McKinsey & Company.
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Companies spending between $1M and $5M on ASC 842 Implementations
Almost half (47%) say they are anticipating a cost between $1 million and $5 million to implement the changes just for leases. From Ernst & Young.
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ICFR for Lease Accounting: New Guides
Financial Executives International's latest two guides help CFOs, controllers and other senior finance execs address the internal control considerations for the new lease accounting and credit loss standards. From Accounting Today.
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Overcoming Revenue Recognition Fatigue
The deadline is fast approaching for private companies to adopt the new revenue recognition standards and many are finding it's not as simple as they may have hoped. From Financial Executives International.
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Top 10 Must Reads
There are now over 12,000 pages of documentation about the new ASC 842 and IFRS 16 lease accounting standards. In fact, there is so much documentation available that the choice of deciding which ones to read can be overwhelming.

To narrow down what’s worth reading, we asked our technical accounting experts at LeaseAccelerator which documents they find most useful on various aspects of the standard.