Companies are continuing to feel the brunt of the new lease accounting standards this year, with the average company experiencing lease liability increases of 419%, according to the 2021 Lease Liabilities Index Report from accounting technology provider LeaseQuery. read more
MAY 19, 2021 - 6:44 am
FASB has issued a proposed accounting standards update intended to improve three areas of the leases guidance. How will this update affect equipment lessors? O’Sullivan: There are three proposed amendments in the Exposure Draft that the FASB has asked the... read more