Complicated. Serious risk. Arduous.
These words fill online treatises from financial powerhouses advising about FASB 842 compliance.
The experts agree... the entire implementation process for the new lease accounting standard is most emphatically easier said than done.
We’ve worked with clients over the past year to get ready for the new rules. And there’s no doubt getting starting sooner rather than later - whether you have a January 1st or a 2020 deadline - is your best bet for success.
In fact, we’ve discovered 6 points of failure that - if not handled properly - can be fatal to the on-time delivery of a final solution.