CFO magazine notes in an article that ahead of the key deadline for comments on the new lease accounting proposal, more discord over the rules has surfaced. read more

SEP 10, 2013 - 6:35 am

CG Commercial Finance released an animated video outlining the issues and implications related to lease accounting changes proposed by FASB and IASB in the latest Exposure Draft. read more

SEP 6, 2013 - 6:15 am

According to an article post by the Journal of Accountancy, creating an inventory for all leases is one of the first actions companies should consider in preparation for the proposed FASB, IASB lease accounting convergence. read more

AUG 27, 2013 - 6:20 am

FASB has issued a proposal that would exempt many private companies from applying the stringent consolidation guidance under U.S. GAAP to leasing companies under common control. read more

AUG 23, 2013 - 7:20 am

CHP Consulting said it has published a new version of its whitepaper on lease accounting to reflect the latest developments in changing standards. read more

AUG 1, 2013 - 6:10 am

FASB and IASB announced plans to create a joint transition resource group focused on the upcoming final converged standard on revenue recognition. read more

JUL 29, 2013 - 6:10 am

Reuters reported that FASB and IASB found little common ground during their meeting in London on Tuesday (7/23/13) despite calls from governments for faster progress. read more

JUL 24, 2013 - 6:20 am

Fitch Ratings notes in a recent report that it expects lessors to face significant challenges in applying the new rules, but the impact of economic fundamentals in the leasing industry will be limited. read more

JUL 18, 2013 - 6:35 am

The ELFA said its lease accounting team members Rod Hurd, John Bober and Bill Bosco and COO Ralph Petta met with FASB officers to continue the dialogue regarding ELFA’s perspective on critical matters contained in the Exposure Draft. read more

JUL 15, 2013 - 8:35 am

IFRS proposals for loan-loss provisioning should accelerate impairment costs for banks and drive them to report asset values more prudently than under existing rules, according to Fitch Ratings. read more

JUL 9, 2013 - 7:25 am

The FASB and IASB announced they will host several joint public roundtable meetings on their revised joint proposals on leases that were published in May 2013. read more

JUL 3, 2013 - 6:20 am

Ernst & Young has published an in-depth analysis of the proposed lease accounting changes and is offering a webinar on June 5 on the lease exposure drafts. read more

MAY 31, 2013 - 6:30 am

In an article on the proposed lease accounting rules, Accountancy Age says that critics have warned that bringing leases onto company balance sheets may lead to artificial structuring of lease agreements. read more

MAY 23, 2013 - 7:30 am

The latest lease-accounting proposals from international and U.S. standard-setters may encourage companies to shift to short-term leases or structure agreements as service contracts, according to Fitch Ratings. read more

MAY 22, 2013 - 6:35 am

In an email message to monitordaily, lease accounting expert Bill Bosco shared his initial impression of the FASB and IASB exposure drafts and noted "it's not over 'til it's over." read more

MAY 20, 2013 - 6:35 am