News Topic: Financial Accounting Standards Board
New Study Finds Most Companies Lack Systems and Processes to Comply with New Lease Accounting Standards
Mortgage and Finance News: (GREAT FALLS, Va.) LeaseAccelerator, the leader in Equipment Lease Management software, announced the results of a 2016 market readiness survey for the new lease accounting standards. The first research study to be completed since the Financial Accounting Standards Board (FASB) announced ASU 2016-02 (ASC 842), surveyed financial professionals about their state of readiness for the new leasing standards.