Tag Archives: IASB

Other Lease Terms

Lease Accounting Change Gets the Go-Ahead

On November 11, 2015, the Financial Accounting Standards Board (FASB) decided upon the effective date for the long awaited and much debated new lease accounting standard requiring companies to recognize leases on their balance sheets.  The effective date for public … Continue reading

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Pre-lease Issues

Update on Proposed Lease Accounting Changes – Heeding Industry Comments

Responding to the comments from the corporate real estate industry, several weeks ago the joint accounting boards (FASB and IASB) softened their position on some controversial points in their August 2010 draft lease accounting proposal. Two major criticisms of the … Continue reading

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Lease AuditPre-lease Issues

Proposed Lease Accounting Changes: What It Means To Tenants

Responding to the need for greater transparency in financial markets in the post-Enron era, a new accounting standard is being presented requiring tenants (both public and private companies) to recognize the current and future value of all leases on their … Continue reading

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