NAR, along with several other real estate industry partners, sent a letter to the Financial Accounting Standards Board (FASB) requesting an exemption for private companies to comply with the new
lease accounting standards.
The Financial Accounting Standards Board (FASB) released the final version of its updated
lease accounting standards.
The Financial Accounting Standards Board (FASB) is expected to publish its new
lease accounting standards later in 2015.
The final updated
lease accounting standards are expected in late spring or early summer 2015, and will likely be similar to the FASB's current dual model of lease accounting.
On February 16, 2012, a coalition of several leading commercial real estate organizations, including NAR, released a report that examines the economic impact of the International Accounting Standards Board (IASB) and Financial Accounting Standards Board's proposed
lease accounting standard.
For all other entities, including private companies, the new
lease accounting standard is effective for annual reporting periods beginning after December 15, 2019 and interim periods beginning after December 15, 2020.
A retailer can accomplish plenty in two and a half years, but 61.2 percent of industry professionals say they are concerned about their readiness to meet updated
lease accounting standards from the Financial Accounti...
The deadline for implementation of the new FASB / IASB
lease accounting standards is fast approaching.
The new
lease accounting standards will come out in late February 2016, but the industry groups have begun soliciting the FASB for an exemption for private companies.
Be prepared for new
lease accounting standards with tools designed to help simplify lease classification changes and financial reporting requirements.
The business community continues to raise concerns about the negative impacts of over regulation, and the commercial industry continues to wait for clarity on key reforms to the CMBS market and
lease accounting standards.
The Financial Accounting Standards Board and the International Accounting Standards Board have yet to release a final version of their new
lease accounting standards, including the date that the new standards will go into effect.
Not exact matches
Last week, the Financial
Accounting Standards Board (FASB) voted to update standards on operating lease accounting that would force companies to record as much as $ 2 trillion worth of lease obligations on their balan
Accounting Standards Board (FASB) voted to update
standards on operating
lease accounting that would force companies to record as much as $ 2 trillion worth of lease obligations on their balan
accounting that would force companies to record as much as $ 2 trillion worth of
lease obligations on their balance sheets.
These new
standards altered
accounting and financial disclosure requirements for both real estate and equipment
leases.
Current
accounting standards only require companies to report their future
lease obligations in the notes to the financial statements.
The new
standards change how
lease assets are
accounted for and presented on the balance sheet and should not impact the decision in the «
lease vs. purchase» debate.
The UBS reports discuss an introduction of a new
accounting standard (IFRS 16
Leases) and analyses it may negatively impact RFG's balance sheet.
Join Bloomberg Tax and Deloitte & Touche for
Lease Accounting Standard: A Way Forward, convening chief financial officers, controllers, financial accountants, auditors, analysts, and other accounting professionals for a discussion on the challenges, breakthroughs, and potential regulatory changes in the new lease
Accounting Standard: A Way Forward, convening chief financial officers, controllers, financial accountants, auditors, analysts, and other accounting professionals for a discussion on the challenges, breakthroughs, and potential regulatory changes in the new lease s
Standard: A Way Forward, convening chief financial officers, controllers, financial accountants, auditors, analysts, and other
accounting professionals for a discussion on the challenges, breakthroughs, and potential regulatory changes in the new lease
accounting professionals for a discussion on the challenges, breakthroughs, and potential regulatory changes in the new
lease standardstandard.
Because of a change in
accounting standards the company wants to check whether certain properties
leased under old agreements may now be a liability.
The proposed guidelines are a joint initiative by the Financial
Accounting Standards Board (FASB) and the International Accounting Standards Board to create a uniform global standard and greater corporate transparency in lease accounting p
Accounting Standards Board (FASB) and the International
Accounting Standards Board to create a uniform global standard and greater corporate transparency in lease accounting p
Accounting Standards Board to create a uniform global
standard and greater corporate transparency in
lease accounting p
accounting procedures.
Changes to federal
accounting standards have impacted synthetic
leases.
What are the changes that the Financial
Accounting Standards Board (the private - sector group that sets rules and reporting
standards for accountants) is proposing for
leases?
A coalition of real estate and other business organizations (including NAR) wrote to the Financial
Accounting Standards Board (FASB) and International Accounting Standards Board (IASB) reaffirming their calls for an economic impact study, extensive field testing, and full re-exposure of the entire lease accounting proposal — with the goal of creating a standard that will meet the tests of the marketplace and fulfill the needs of all sta
Accounting Standards Board (FASB) and International
Accounting Standards Board (IASB) reaffirming their calls for an economic impact study, extensive field testing, and full re-exposure of the entire lease accounting proposal — with the goal of creating a standard that will meet the tests of the marketplace and fulfill the needs of all sta
Accounting Standards Board (IASB) reaffirming their calls for an economic impact study, extensive field testing, and full re-exposure of the entire
lease accounting proposal — with the goal of creating a standard that will meet the tests of the marketplace and fulfill the needs of all sta
accounting proposal — with the goal of creating a
standard that will meet the tests of the marketplace and fulfill the needs of all stakeholders.
Reps. Sherman (D - CA) and Campbell (R - CA) sent a bipartisan letter signed by 58 other lawmakers to the Financial
Accounting Standards Board (FASB) and International Accounting Standards Board (IASB) urging the accounting standard setters to conduct a comprehensive economic analysis of its recent lease accounting proposal before making a f
Accounting Standards Board (FASB) and International
Accounting Standards Board (IASB) urging the accounting standard setters to conduct a comprehensive economic analysis of its recent lease accounting proposal before making a f
Accounting Standards Board (IASB) urging the
accounting standard setters to conduct a comprehensive economic analysis of its recent lease accounting proposal before making a f
accounting standard setters to conduct a comprehensive economic analysis of its recent
lease accounting proposal before making a f
accounting proposal before making a final rule.
On May 17, 2012, Reps. Sherman (D - CA) and Campbell (R - CA) sent a bipartisan letter signed by 58 other lawmakers to the Financial
Accounting Standards Board (FASB) and International Accounting Standards Board (IASB), urging the accounting standard setters to conduct a comprehensive economic analysis of its recent lease accounting proposal before making a f
Accounting Standards Board (FASB) and International
Accounting Standards Board (IASB), urging the accounting standard setters to conduct a comprehensive economic analysis of its recent lease accounting proposal before making a f
Accounting Standards Board (IASB), urging the
accounting standard setters to conduct a comprehensive economic analysis of its recent lease accounting proposal before making a f
accounting standard setters to conduct a comprehensive economic analysis of its recent
lease accounting proposal before making a f
accounting proposal before making a final rule.
The new
leasing standard released in February 2016 by the Financial
Accounting Standards Board (FASB) will unquestionably change the dynamics of
lease negotiations moving forward.
A slowly recovering economy and strict lending and
accounting standards for synthetic
leases have created a perfect breeding ground for sale - leasebacks.