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Lease Accounting: Six Questions CFOs Should Ask Now

August 3, 2018

Curated Content
Scribcor

A significant number of companies are ill-prepared to implement and comply with ASC 842, the new accounting standard – one that will bring an estimated $2 trillion of lease liability onto S&P 500 balance sheets. Organizations must start planning now to implement new business processes and internal controls to comply with the new guidance. If you’re a CFO and unsure whether you’re on-track to implement the new standard, the following article gives you six important questions you can ask your chief accounting lead because, ready or not, the countdown has begun!

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