Bill Bosco takes a different approach to the lease accounting project discussion by detailing how lessors can best prepare for the new accounting rules and how to apply them to your business planning. Overall, he notes that despite the proposed changes, the prospects for the industry are positive.... read more
Nov/Dec 2014
Monitor contributor Bill Bosco discusses two major issues discussed at a recent FASB meeting and how leveraged lease and sale leaseback accounting changes may affect the industry at large.... read more
Sep/Oct 2014
Much work remains on the lease accounting project, and I do not anticipate a final standard until early 2015. The proposal, which has been through two exposure periods, was highly criticized by a variety of constituents in the latest public... read more
Nov 2014
Does anybody out there care that the proposed accounting rules will cause all sale leasebacks (SLBs) with fixed price purchase options (FPPOs) to be accounted for as debt by lessees? Does anybody care that the proposed rules will also force... read more
Oct 2014
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