According to reports from the Securities and Exchange Commission and the U.S. Chamber of Commerce, U.S. companies currently have an estimated $2.8 trillion in operating lease obligations that are ...

In July, the Financial Accounting Standards Board announced that its agenda now includes a major project on lease accounting. As justification, the board cited encouragement from its own advisory ...

The switch from Generally Accepted Accounting Principles to International Financial Reporting Standards is a primary concern that has been in focus for most corporations, but there is another ...

This report is one of a series on the adjustments we make to convert GAAP data to economic earnings. Reported earnings don’t tell the whole story of a company’s profits. They are based on ...

ATLANTA, Aug. 23, 2017 (GLOBE NEWSWIRE) -- PowerPlan, announces seven additional customers to their growing user base who are benefitting from PowerPlan’s Lease Accounting module, which ensures ...

Moving the measurements of operating leases from the footnotes of GAAP financial statements under FASB ASC Topic 840, Leases, to the balance sheet as assets and liabilities under Topic 842, Leases, ...

To continue reading this content, please enable JavaScript in your browser settings and refresh this page. After several years of delay and extended implementation ...

New accounting rules are changing the way businesses go about disclosing lease activity in their financial statements. Under ASC 842, which takes effect for publicly traded companies in 2019 and for ...

A big change in lease accounting rules effective Jan. 1 requires companies to record operating leases on their balance sheets. Operating leases include everything a company rents to run its business, ...

Moving the measurements of operating leases from the footnotes of GAAP financial statements under FASB ASC Topic 840, Leases, to the balance sheet as assets and liabilities under Topic 842, Leases, ...