Accounting challenges related to the coronavirus pandemic have resulted in numerous questions for FASB from financial statement preparers and practitioners. Shayne Kuhaneck, FASB’s acting technical ...

Sustaining compliance after day two requires a rigorous focus on optimizing processes for ongoing management of lease accounting data and entries. As leases evolve over their lifetimes, organizations ...

It’s been more than a year since the pandemic began, and while the vaccine rollout is reason for optimism, many organizations will be dealing with financial fallout for the foreseeable future. While ...

New lease accounting standards coupled with the many pressures brought on by the pandemic have changed how organizations prioritize their leases. Companies are currently reevaluating their lease ...

Businesses are downsizing their office space and renegotiating leases as employees work from home, and they need to look at how they’re accounting for the leases under the new rules. Processing ...

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The European Securities and Markets Authority has published a statement on coordination of supervisory action on issuers’ accounting for lease modifications in light of the coronavirus pandemic.

The Financial Accounting Standards Board’s new lease-accounting standard, ASC 842, went into effect for public transportation and logistics companies last year. FASB recently proposed extending the ...

Business news programs, real-time financial market coverage, and newspaper articles are replete with stories of tenants shuttering stores and being unable to pay rent under their leases. Commercial ...

NEW YORK--(BUSINESS WIRE)--Nearly two years after the implementation of a radical change to the rules governing how companies must account for all leases, a new report released today by compliance ...

ATLANTA--(BUSINESS WIRE)--After evaluating recent SEC comment letters* on lease accounting disclosures, LeaseQuery, a recognized leader of purpose-built accounting software, announced the findings in ...