Lease Accounting Newsletter
November 19, 2019
 
Lease Accounting Newsletter
 
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LATEST NEWS
 
 
 
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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ON-DEMAND WEBINAR
 
 
 
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.
 
Watch Now
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FEATURED CONTENT
 
 
 
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
 
 
 
 
 
 
UPCOMING EVENTS
 
 
 
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
 
Learn More