The functionality of dedicated real estate lease management systems has been evolving over the past three decades, and corporations are increasingly availing themselves of these specialized systems to ...
The implementation deadline for the new IFRS 16/ASC 842 lease accounting standards is rapidly approaching. The new standards will require organizations to report and disclose all lease obligations for ...
If your company leases real estate or equipment, proposed changes in lease accounting standards could add significant debt to your balance sheet, change the way your business is perceived by investors ...
In 2016, the Financial Accounting Standards Board (“FASB”) broadly updated its lease accounting standards in ASC 842. Initially, all entities were required to adopt these rules by 2020. However, due ...
ATLANTA, July 26, 2018 (GLOBE NEWSWIRE) -- With less than 6 months to implement the FASB and IASB lease accounting standards, organizations are racing time to comply by January 1, 2019. The new ...
For businesses with significant portfolios of leased assets, transitioning to the new lease standard may negate and eliminate the use of many of the tax-planning strategies they relied on in the past ...
New accounting rules are changing the way businesses go about disclosing lease activity in their financial statements. Under ASC 842, which takes effect for publicly traded companies in 2019 and for ...
It's no secret that technology-driven change has been affecting practically every industry to some degree. For finance teams continually being asked to do more with less, it’s becoming increasingly ...
Moving the measurements of operating leases from the footnotes of GAAP financial statements under FASB ASC Topic 840, Leases, to the balance sheet as assets and liabilities under Topic 842, Leases, ...
As we enter the final months of 2022, accounting departments should feel like they are crossing a new finish line. This year, many private companies had to adopt ASC 842, an accounting standard ...
ATLANTA--(BUSINESS WIRE)--LeaseQuery, a leading provider of lease accounting software, today announced that its lease accounting product, LeaseQuery for NetSuite, has achieved ‘Built for NetSuite’ ...