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Early disclosures point to material effect of lease rules

Tammy Whitehouse | April 24, 2018

Of the 100 largest lessees in U.S. capital markets, 76 percent are saying the adoption of new lease accounting rules will produce a material effect on the balance sheet, while 20 percent are still assessing.

The analysis by software provider LeaseAccelerator Inc. also finds only 8 percent of companies have put a dollar figure on the material effect they expect, and it ranges from $1.2 billion to $13 billion. More than one-fourth of the same companies said they are not expecting the impact to be material to their income statements.

The report compiles 10-K and 10-Q disclosures by the top 100 public companies in terms of their total lease obligations as provided in footnote disclosures. Those disclosures will get elevated out of the footnotes in 2019 as public companies...

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