Focus on what counts

Lease Accounting

Focused on Change

With new accounting standards on lease accounting and the resulting increased transparency in financial reporting for leasing arrangements going into effect in 2019 for public companies and 2020 for private companies, there promises to be a significant impact to all organizations. As your organization begins to acclimate to the new lease accounting standards, in addition to the accounting and reporting changes for leases, other areas including processes and internal controls, systems, and compliance matters will also need to be considered. We have the professional knowledge, technical expertise, and trusted insight to help you prepare for the many lease accounting challenges that lie ahead.

How Citrin Cooperman Can Help

Making a smooth transition to the new lease accounting standards and putting new practices in place for the future is a top priority for any organization with a lease portfolio. Citrin Cooperman has extensive experience advising clients across a range of industries throughout all aspects of lease accounting.

Whether providing technical guidance in the areas of accounting, tax, compliance, and reporting, consulting on existing lease assessments and forecasts or new lease structuring and strategies, measuring assets and liabilities, or resolving issues that may arise from adopting the new standards and protocols, our team of experts is here to help clients comply with new rules and regulations, overcome complex hurdles, and implement lasting processes.