Project Plan

FASB Lease Accounting Standard

Downloadable project plan for new FASB and IASB lease accounting standards

What's included in five phase project plan:

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Define the project team, gain executive sponsorship, seek budget approval
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Business process assessment and systems strategy
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Implementation, data conversion, and testing
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Training and communication
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Rollout and go live

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Project Plan

The FASB project plan is:

  • Formatted in Microsoft Excel
  • Customizable and editable
  • Based on 10-month project schedule
  • Useful for FASB ASC 842 or IFRS 16
  • Expandable to include real estate and equipment