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