Lease Accounting

New Lease Accounting Rules

A new lease accounting standard was released by the U.S. Financial Accounting Standards Board on Feb. 25, 2016. The new standard took effect in 2019 for public companies and in 2021 for private companies. Find resources and information below to help you prepare for the new rules.

Please note: Users are welcome to use and share the following documents. If you reproduce this material, please credit ELFA as follows: "This information is brought to you by COMPANY NAME and the Equipment Leasing and Finance Association."

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