Lease Accounting Newsletter
November 19, 2019
Lease Accounting Newsletter
US Airlines and Retailers Balance Sheets Look Better After ASC 842
Learn how the new lease accounting rules make for better-looking balance sheets and more leeway in taking on debt. From Wall Street Journal. *Subscription may be required to access.
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US Private Companies Need to Play Compliance Catch Up
While public companies have put their initial compliance systems in place for the new lease accounting standards, private companies and public sector entities are lagging. From Bloomberg Tax.
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IFRS 16: ESMA Reporting Prioritizes New Standard
ESMA, the lead regulator for EU stock exchanges, prioritizes IFRS 16 leases with a focus on how companies exercise significant judgment in their application, particularly in determining the lease term and the discount rate. From Accountancy Daily.
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Beware of Delay: ASC 842 Deferral Poses More Risks
As public companies continue to work through lease accounting adoption challenges, other organizations granted more time to prepare may be creating more risk than reward if deferring. From Wall Street Journal. *Subscription may be required to access.
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UK FRC Highlights Weak Spots in IFRS 16 Disclosures
The U.K. Financial Reporting Council have identified several areas that could be improved when reporting under the new standard. From Compliance Week.
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AASB 16: Transforming the Balance Sheet
With the introduction of the new AASB 16 Leases, lessees are now required to account for the assets and liabilities from operating leases, changing the balance sheet forever. From AccountantsDaily.
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Tackling GASB 87:
A Roadmap to Compliance
During this on-demand webinar, lease accounting experts from RGP Healthcare & LeaseAccelerator discuss the critical milestones for ensuring successful adoption of the new standard and provide you with a roadmap to compliance.
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Expert Guide: Governance for Your Lease Portfolio
Read this LeaseAccelerator expert guide to learn the key considerations for updating processes, policies, and controls when adopting the new lease accounting standard.
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Governance for Your Lease Portfolio
CPA Oil & Gas Conference 2019
Oil and Gas Conference 2019
November 26-27, 2019
Calgary, AB
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ACIPA: Current SEC & PCAOB Developments
AICPA DC Conference
December 9-11, 2019
Washington, DC
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