What is the FASB Lease Accounting Implementation Deadline?

By January 25, 2016Blog

Implementation Deadlines for the New Lease Accounting Standards

March 31 Fiscal Year

  • Comparative Balance Sheets – March 31, 2019 and March 31, 2020
  • Comparative Income Statements – March 31, 2018; March 31, 2019 and March 31, 2020
  • Implementation Deadline – March 31, 2020

June 30 Fiscal Year

  • Comparative Balance Sheets – June 30, 2019 and June 30, 2020
  • Comparative Income Statements – June 30, 2018; June 30, 2019 and June 30, 2020
  • Implementation Deadline – June 30, 2020

September 30 Fiscal Year

  • Comparative Balance Sheets – September 30, 2019 and September 30, 2020
  • Comparative Income Statements – September 30, 2018; September 30, 2019 and September 30, 2020
  • Implementation Deadline – September 30, 2020

December 31 Fiscal Year

  • Comparative Balance Sheets – December 31, 2018 and December 31, 2019
  • Comparative Income Statements – December 31, 2017; December 31, 2018 and December 31, 2019
  • Implementation Deadline – December 31, 2019