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 ...

With effect from 1 January 2019, DFDS will implement the new IFRS accounting standard on leases requiring all lease contracts, including operating leases, to be recognised in the balance sheet. For ...

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 ...

The International Accounting Standards Board (IASB) has launched a formal post-implementation review of IFRS 16 Leases, inviting stakeholders to share their experiences and insights on whether the ...

During last year, the International Accounting Standards Board (IASB) announced the new IFRS 16 Leases accounting standard which shall replace the current IAS 17 lease accounting guidance. The new ...

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 ...

A quiet but significant shift has been taking place in the world of recruitment agencies. As these firms scale, more of them are being drawn into the orbit of IFRS 16, the international accounting ...

This content was paid for by an advertiser and created by Crain's Custom Content. The new Financial Accounting Standards Board (FASB) and international financial reporting standards (IFRS) lease ...

Most companies use leases of some form, particularly property and retail space, as they can be a useful financing arrangement providing business with access to use of assets without the initial ...

One of the main regulations governing leasing arrangements is IFRS 16. In January 2016, the International Accounting Standards Board issued a new accounting standard for leases, called IFRS 16, ...