Bill Bosco

On January 9, 2015 Santander bank raised $8.88 billion by issuing stock and cut its dividend by 66% to address regulatory capital issues. The bank’s shares have fallen 29%, resulting in a loss of $33 billion in market value. Santander... read more

Feb 2015

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

Bill Bosco

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

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

Bill Bosco

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