Sentences with phrase «lease accounting standards»

Be prepared for new lease accounting standards with tools designed to help simplify lease classification changes and financial reporting requirements.

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 Accounting Standards Board (FASB), whi...

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...

With new FASB and IASB lease accounting standards coming soon, maintaining compliance is becoming more complex.

In a statement released by the IASB, it was estimated that the change in lease accounting standard would result in an increase of over $ 3.3 trillion in total assets on the related balance sheet for companies that follow either standard.

The Financial Accounting Standards Board (FASB) is expected to publish its new lease accounting standards later in 2015.

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.

Active management of real estate assets is becoming a strategic imperative for users, and the newly established lease accounting standard is an incentive

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 deadline for implementation of the new FASB / IASB lease accounting standards is fast approaching.

Corporations have resigned themselves to the fact that, at some point, new lease accounting standards will be in place that will effectively shift leases from off - balance sheet to on - balance sheet reporting.

The Financial Accounting Standards Board (FASB) released the final version of its updated lease accounting standards.

The first is through the Financial Accounting Standards Board's (FASB) proposed changes to lease accounting standards, part of a larger standards convergence effort between FASB and the International Accounting Standards Board (IASB), which began in 2006.

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.

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.

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.