The Struggle to Simplify Accounting
Companies just don’t want to give up the flexibility to manage financial reporting that's provided by the complexity of accounting standards.
Leasing Firm Parlays Big Data Into Sales
Offering big data from on-board computers, truck-leasing firm Fleet Advantage tries to cement bonds with clients, its CFO says.
IASB Goes Its Own Way on Lease Accounting
The global accounting standards setter rejects FASB's dual model for reporting leases, putting another nail in the coffin of convergence.
The Path of Lease Resistance
Many CFOs agree that companies should put leases on the balance sheet. But the 'how' has them up in arms.
Lease Accounting Changes Could Jar Bank Covenants
If standards setters require lease accounting on corporate balance sheets, borrowers could break their loan covenants.
Lease Accounting Rules Raise Ire Down to the Wire
Ahead of a key deadline for comments on a new lease-accounting proposal, more discord over the rules surfaces. Equipment lease- financing firms wonder if global convergence can be achieved.
Lease-Accounting Rules: Tinker, Don’t Trash
The changes proposed by FASB and IASB address a limited set of weaknesses in the existing rules that merely need some tightening, not a complete overhaul.
Standards-Setters Near Leasing Finish Line
FASB and IASB are moving closer towards a converged final standard on how to account for leases. But several sticking points remain.
Equipment Leasing Plan Could Make Lessees Losers
Under the standard setters’ new proposal, companies that lease equipment could see their profits shrink in the early years of a contract, experts say.