New Lease Accounting Rules

A new lease accounting standard was released by the U.S. Financial Accounting Standards Board on Feb. 25, 2016. The new standard is scheduled to take effect for financial periods starting after Dec. 15, 2018 for public companies and after Dec. 15, 2019 for private companies. For companies with calendar year ends that means 2019 for public companies and 2020 for private companies. Find resources and information below to help you prepare for the new rules.

Please note: Users are welcome to use and share the following documents. If you reproduce this material, please credit ELFA as follows: "This information is brought to you by COMPANY NAME and the Equipment Leasing and Finance Association."

New! Infographics: Other Tools: Bylined Articles:


If you have questions about accessing any of the documents on this page, please contact Amy Vogt at

Also Consider: