IASB Related Content

JetBlue Selects Accruent Software to Manage Lease Processes

JetBlue Airways has selected Accruent’s lease administration and accounting software to manage its lease processes and ensure FASB/IASB compliance. read more

LeaseAccelerator Adds Rose as Head of International

Steven Rose joined LeaseAccelerator, a provider of Enterprise Lease Accounting software, as its new head of international. read more

Is the Service Contract the new Operating Lease?

With ASC 842 requiring all leases to be placed on balance sheet, will more lessees seek to structure equipment financing arrangements as service contracts, and is that really possible?... read more

Deloitte: Lease Accounting Preparedness Keeps Executives Awake at Night

Deloitte’s latest poll revealed having the right IT systems in place remains a key challenge for public companies as the effective January 1, 2019 lease accounting standards implementation date approaches quickly. read more

Survey: 75% of Companies Find New Lease Accounting Standards More Complex

According to LeaseAccelerator’s second annual readiness survey, nearly 75% of companies are finding the lease accounting project to be more complex than originally anticipated. read more

Accruent, PwC Partner to Prepare Customers for Lease Accounting Changes

Accruent entered into a joint business relationship with PwC, collaborating to prepare customers for FASB/IASB lease accounting changes. read more

PowerPlan Adds to Customer Base for Lease Accounting Solution

PowerPlan added seven customers to its user base who are benefiting from the company’s lease accounting module, which ensures companies are fully compliant with the new FASB and IASB lease accounting standards. read more

Accruent Acquires Lucernex in Move to Support Adoption of FASB/IASB

Accruent acquired Lucernex in a move to boost its ability to provide advanced solutions for organizations in any industry seeking FASB/IASB compliant real estate and equipment lease accounting software. read more

Survey: Adopting New Leasing Standard More Difficult than Expected

According to a PwC survey, 47% of respondents said they’ve started implementation, but reported the effort is more difficult than expected. read more

Ron Meyer

Banks Will Be Cast Adrift If Their Loan Origination Systems Aren’t Up to Scratch

Ron Meyer

Banks are beginning to prepare for the biggest accounting change in living memory. Because the current system of financial reporting was too slow to recognize losses on loan and debt securities during the financial crisis, the global accounting framework for... read more

Basel Committee Addresses New Lease Accounting Standards FAQs

The Basel Committee issued responses to frequently asked questions related to the changes to lease accounting promulgated by the IASB and the FASB. read more

Leaseurope Submits Recommendations to IASB on New Accounting Standards

Leaseurope submitted a paper on possible effects of the new international accounting standard for leasing, IFRS 16, on the European public good to the European Commission. read more

LeasePlan CFO Highlights Must-Know Changes to Lease Accounting Standards

LeasePlan USA’s CFO, Dave Dahm, stressed the importance of staying ahead of the changes made by the FASB and IASB, which can have significant impact on fleets. read more

Deloitte Poll: 2017 May Be the Year of Lease Accounting Implementation

More than one-half (54.7%) of respondents to a Deloitte poll expect their organizations to increase the amount of time and effort spent on implementing the new FASB and IASB lease accounting standards in 2017. read more

The New Rules: Differences Between FASB & IASB

Although the initial goal of the lease accounting project was to create a global set of rules, the FASB and IASB could not agree on everything, which resulted in some disparity. Bill Bosco discusses the key differences between the two sets of rules and the resulting implications.... read more

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