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The International Accounting Standards Board, whose accounting rules are mandatory in the EU and Britain, is reviewing its goodwill rule, though last year its U.S. counterpart, FASB, decided to put aside its own review.

And its members are well paid: Richard Jones, a former top executive of the accounting firm Ernst & Young who left to be the chair of FASB, was paid a base salary of $1 million last year, according to a tax filing.

The FASB’s new standard on accounting for leases takes effect for public companies January 1, 2019, and compliance may present significant implementation challenges.

Financial Accounting Standards Board, known as FASB, imposed the new rule because it wanted financial statements to more accurately depict the timing, uncertainty and volatility of doing business.

Even with that grace period, many are still struggling to meet the new deadline, said Tony Sondhi, an accounting consultant and a member of FASB’s Emerging Issues Task Force.