Most organizations - both lessors and lessees - will be impacted by the new and upcoming regulatory compliance standards.
- ASC 842 effective: December 15, 2018
- IFRS 16 effective: January 1 , 2019
As current administration standards change, it's imperative that all affected organizations ensure they're compliant. This can be a large undertaking for many businesses, as leasing data may be handled by several different departments. Now is the best time to prepare your organization & make the leap to SLAN.