Equipment Leasing and Finance Association - Equiping Business for Success

Lease Accounting Tools for Lessors and Lessees

The Financial Accounting Standards Board released a new lease accounting standard on February 25, 2016. This page contains resources and information to help you prepare for the new rules.

Please note: ELFA members are welcome to share the following documents with your staff, vendor partners, end-users and other stakeholders. 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.”

Tools to Prepare:

Tools for Lessees:


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