Accounting Today reported the International Accounting Standards Board issued an overview of its upcoming lease accounting standard, saying it plans to complete its deliberations on the long-awaited standard this month and to issue the standard later this year. read more

MAR 17, 2015 - 7:36 am

In a recent report, CFO notes from the point of view of CFOs at public companies, the issue of what and how much to reveal in financial statement has become a game of chicken leading to “disclosure overload.” read more

DEC 30, 2014 - 7:38 am

The Governmental Accounting Standards Board issued Preliminary Views, Leases, which includes proposals to improve the accounting and financial reporting for leases for state and local governments from both a lessee and lessor perspective. read more

NOV 21, 2014 - 7:12 am

In his latest report on the FASB/IASB lease accounting project, Monitor regular contributor Bill Bosco reported much work remains, and he does not anticipate a final standard until early 2015. read more

NOV 7, 2014 - 7:19 am

Leaseurope issued an update paper on the status of the International Accounting Standards Board’s project to develop a new accounting standard for leasing, concluding that none of the five main objectives of the project are likely to be achieved by the current proposals. read more

OCT 29, 2014 - 6:53 am

CHP Consulting produced a newly updated whitepaper on changing standards in lease accounting to address the latest output from the IASB and FASB. read more

OCT 22, 2014 - 7:18 am

CG Commercial Finance and Bill Bosco released an update on the GAAP/IFRS convergence project. The summary is meant to assist clients in better understanding the project’s status and how it may affect their business. read more

OCT 9, 2014 - 7:20 am

Lease accounting expert Bill Bosco provides commentary on the IASB’s adoption of their one lease lessee model and notes it’s simple for accounting, but not the reporting of important information for key users. read more

AUG 15, 2014 - 7:13 am

Industry expert Bill Bosco provides commentary on a recent FASB/IASB Lease Project board meeting and notes the meeting was “easy” for the FASB, but much more difficult for the IASB. read more

JUL 21, 2014 - 7:56 am

Accountancy Age notes in a recent article that the global and U.S. standard setters’ leasing project has been a long time in the making, and there is little sign of a resolution any time soon. read more

JUL 15, 2014 - 7:11 am

According to a survey conducted by a CRE tenant representative firm, the proposed lease accounting changes to the current FASB/IASB standards will have a negative impact on both lessors and lessees. read more

JUN 6, 2014 - 7:37 am

According to Accounting Today, citing new research by the IASB, changes in the proposed lease accounting standards are expected to have a major impact on less than 10% of public companies. read more

JUN 2, 2014 - 7:10 am

Bill Bosco provides an update on the April 23, 2014 meeting of the FASB and IASB, with detailed results and project statuses. He reports good news for lessees if the FASB and IASB uphold their split for changes in variable rents. read more

MAY 15, 2014 - 7:27 am

FASB and IASB will further discuss a converged standard for lease accounting at the boards’ April 24, 2014 meeting, following a series of talks earlier this year on the topic. read more

APR 21, 2014 - 7:50 am

In a commentary, the Financial Executives International Daily provides a summary of the tentative decision reached at last week’s FASB, IASB joint board meeting. Commentary by Bill Bosco is included in the narrative. read more

MAR 25, 2014 - 7:39 pm