PwC: Are You Ready for the Proposed Changes to Accounting Leases?
Prepare now for lease accounting changes proposed by the Financial Accounting Standards Board (FASB) and the International Accounting Standards Board (IASB).
The FASB and IASB proposal consists of a converged lease accounting standard that addresses supposed weaknesses of existing practices. The proposal aims to ensure that assets and liabilities that arise from lease contracts are reflected in company balance sheets.
• Taking inventory of existing leases and assessing potential effects to your company
• Considering effects on major business initiatives such as systems and compensation plans
• Assessing data that will need to be collected and analyzed prior to the adoption of the regulations
• Establishing training and communication plans with employees and stakeholders
The 2021 Top States for Doing Business Reflect Their Locational Advantages
Area Development’s 17th Annual Shovel Awards Recognize State and Local Economic Development Efforts — First Two Platinum Shovels Awarded
In Focus: “Golden Age” of Spec Development
In Focus: Demand for Industrial Land Surges
36th Annual Corporate Survey: Executives Focus on Labor, Energy, Shipping Costs
Using Robust Project Controls to Enhance Project Management
Explosive Growth of Life Sciences Sector Comes with Challenges