The new lease accounting standards IFRS 16 and ASC 842 goes into effect starting January 1, 2020. For many private companies, compliance can present a challenge with limited time and without the right systems and processes in place. But sometimes the most significant obstacle might be not knowing where to start and how a smooth transition can look like.
With vast expertise in lease accounting, we have helped several companies to comply lease accounting standards successfully. Take a look at the IFRS 16 transition process from start to finish with and without LEVERTON.