Amid technology challenges and minor changes to the rules, companies staring down the Jan. 1 effective date for new lease accounting rules are asking the Financial Accounting Standards Board if it will delay implementation.

โ€œNo,โ€ said FASB Chairman Russ Golden at a year-end conference of the American Institute of Certified Public Accountants. โ€œWe think the system is ready to implement and have a quality implementation at the beginning of next year.โ€