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What Are The Differences Between ASC 842 & IFRS 16?

Insight Software

The standard was issued in 2016 and became effective for public companies in 2019. The standard was issued by the International Accounting Standards Board (IASB) in 2016 and became effective for annual periods beginning on or after January 1, 2019.

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Getting Started With GASB 87

Insight Software

Additional resources: The Governmental Accounting Standards Board has released Implementation Guide 2019-3 , Leases, to assist government users with the new governmental lease accounting standard, GASB Statement No. Download the GASB 87 Lease Accounting Standard Handbook to learn more or get started with the EZLease free trial.