FASB: Effective date of 2019, new leases standard | KPMG | GLOBAL

FASB: Effective date of 2019, new leases standard

FASB: Effective date of 2019, new leases standard

The FASB at its November 11 meeting, set the effective dates of the new leases standard and decided to permit early adoption. The FASB also discussed cost-benefit considerations and a follow-up issue related to lease classification to complete its due process. The FASB plans to issue a final leases standard in January 2016.


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Read a November 2015 report prepared by KPMG LLP: Defining Issues: FASB Sets 2019 Effective Date for New Leases Standard

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