Surprisingly, FASB finalized the new leasing standard in early 2016 with early implementation available (meaning your clients or employers can request implementation NOW [and some have]!) It will become mandatory in 2020 for non-public entities and 2019 for publicly traded entities. Most every entity leases something (especially real property) and that means most every entity will be impacted materially by this new standard. Emphasis of the class will be solely from the perspective of how a lessee applies the standard to typical leasing arrangements of non-publicly traded entities. A must for most practitioners, public and private!