Standard-setters agreed Tuesday to consider simplifying global lease accounting rules that companies have criticized for ...

Joe Purvis, CPA, has taken a different tone with his not-for-profit clients this year with respect to lease accounting. For the past several years, each time Purvis’s not-for-profit clients have asked ...

Chances are you’ve already tangled with the ASC 842/IFRS 16 changes in standards determining how organizations should be accounting for leases on the balance sheet. The effective date for implementing ...

Businesses are downsizing their office space and renegotiating leases as employees work from home, and they need to look at how they’re accounting for the leases under the new rules. Processing ...

To continue reading this content, please enable JavaScript in your browser settings and refresh this page. Accounting for leases requires lessees to record on their ...

Rochester Institute of Technology adopted the Financial Accounting Standards Board (FASB) new accounting guidance on leases FASB Accounting Standards Codification Section 842 ("ASC 842") on July 1, ...

Gathering data is the most complex and time-consuming part of the lease accounting compliance journey. Gathering data is the most complex and time-consuming part of the lease accounting compliance ...

ATLANTA, Aug. 23, 2017 (GLOBE NEWSWIRE) -- PowerPlan, announces seven additional customers to their growing user base who are benefitting from PowerPlan’s Lease Accounting module, which ensures ...

CFOs are finding the scrutiny of new accounting rules is helping them streamline their lease management and save money, but there are challenges. Despite being given three full years to prepare for ...

Last year, the Governmental Accounting Standards Board (GASB) voted to defer the effective date of lease accounting standard GASB 87 to give public sector entities more time to adapt to the many ...