FASB Proposes to Clarify Lease Accounting Rules for Subsidiaries Controlled by the Same Parent Company
The FASB on Nov. 30, 2022, proposed what could be the eighth round of changes to lease accounting rules, this …
Not Always Necessary to Buy Software to Adopt Lease Accounting Rules, FASB Panel Signals
Not all companies need lease accounting software or vendor assistance to adopt the lease accounting standard because straightforward contracts can …
As Clock Ticks Toward Leases Effective Date, Companies Scramble to Comply
As the 2019 deadline for public companies to comply with the FASB’s lease accounting standard creeps closer, public companies are …
Difference Between Leases and Service Contracts Becomes Clearer
The FASB and IASB agreed to clarify the difference between a lease and a service contract but have yet to …