How can I help my clients with Policy Decisions?

Firms and their clients should start discussing policy elections now as these decisions impact both the transition and day one accounting.

Use this document to help your clients plan for policy elections under the new lease accounting standard. This document includes information for:

• Short-Term Leases
• Nonlease components
• Discount Rate
• Classification Criteria
• Presentation of ROU Assets and Lease Liabilities
• Transition Reliefs

Click here: Firms: Help Your Clients Now with Lease Accounting Policy Decisions