The new FASB Lease Accounting Standards to be finalized by the end of the summer 2015 will radically transform lease accounting, with far reaching consequences to a company's financial results. Under ...
In 2016, the Financial Accounting Standards Board (“FASB”) broadly updated its lease accounting standards in ASC 842. Initially, all entities were required to adopt these rules by 2020. However, due ...
Effective dates will be delayed for private companies and certain other entities for FASB’s standards on accounting for leases, credit losses, and hedging after a unanimous vote by FASB. A FASB ...
FASB’s staff published Q&As to address issues related to hedge accounting during the coronavirus pandemic. As the coronavirus gripped the world, regulators, standard setters, and others moved to ...
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