JD Supra

New IFRS and U.S. GAAP Lease Accounting Rules Impact M&A Transactions

The Situation: New rules for the accounting of operating leases will come into force under the International Financial Reporting Standards ("IFRS") and U.S. Generally Accepted Accounting Principles ...
JD Supra

Covenants Reconsidered In Preparation for New Lease Accounting Rules (ASC 842; IFRS 16)

A joint effort by the Financial Accounting Standards Board (“FASB”) and the International Financial Reporting Standards Foundation (“IFRS”) will fundamentally reset the accounting treatment of leases ...
Accounting Today

Differences between the FASB and IASB lease accounting standards, and how companies can prepare for both

Accounting and finance organizations for many multinational businesses are currently working to create plans for two separate lease accounting standards: the Financial Accounting Standards Board’s ASC ...
Business Insider

Organizations Have Less than 200 Workdays to Adopt the New Lease Accounting Standards (ASC 842/IFRS 16)To prepare, organizations are turning to PowerPlan’s Readiness ...

ATLANTA, April 12, 2018 (GLOBE NEWSWIRE) -- PowerPlan, the leading provider of Lease Accounting software, is pleased to announce its Lease Accounting Readiness Checklist, which has helped ...
Compliance Week

New Lease Accounting May Favor IFRS Filers

Image: New standards on accounting for leases are likely to be more flattering to the bottom lines of companies that use international accounting standards rather than U.S. GAAP, the International ...
Monitor

IFRS 18 reinvents income statement

IFRS 18 does not change the accounting rules for recognising revenue, valuing assets or measuring expenses. Instead, it changes the layout and discipline of financial reporting.