Leasing Archives - CFO

Lease Accounting Post-Adoption

Growth Companies

Lease Accounting Post-Adoption

Many companies used brute force to meet the initial lease accounting deadlines. To comply long term, they will need processes, policies, and controls.

By Vincent Ryan | July 3, 2019

Do You Know Where Your Leases Are?

Lease Accounting

Do You Know Where Your Leases Are?

Complying with the new lease accounting standard will require collecting data from lease contracts across numerous locations and geographies.

By Ryan Drimalla | November 27, 2017

Time to Prepare for Upcoming Accounting Rule Changes

Revenue Recognition

Time to Prepare for Upcoming Accounting Rule Changes

Deadlines to comply with the new lease accounting and revenue recognition standards are coming up fast, and it is time to step up the compliance efforts.

By | January 28, 2017

In Accounting Swan Song, SEC’s White Urges Convergence

Revenue Recognition

In Accounting Swan Song, SEC’s White Urges Convergence

Outgoing SEC Commissioner Mary Jo White encourages FASB and IASB to continue collaboration.

By David Katz | January 6, 2017

FASB Leasing Update: Five CFO Action Items

Growth Companies

FASB Leasing Update: Five CFO Action Items

Finance chiefs will need to assess the effects of the FASB leasing update so they can plan for needed business and process changes at their companies.

By Kimber Bascom and Dean Bell | February 26, 2016

5 Key Questions for a New Accounting Standard

Accounting & Tax

5 Key Questions for a New Accounting Standard

New rules for lease accounting are here. Are mid-sized companies prepared?

By David W. Owens | January 29, 2016

New Lease Standards May Demand Two Sets of Books

New Lease Standards May Demand Two Sets of Books

The just released IASB lease accounting standard and its forthcoming FASB counterpart call for different expense accounting methods.

By David Katz | January 13, 2016

The Struggle to Simplify Accounting

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.

By Edward W. Trott | January 22, 2015

IASB Goes Its Own Way on Lease Accounting

Management Accounting

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.

By Vincent Ryan | August 14, 2014

The Path of Lease Resistance

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.

By David Katz | March 1, 2014

Private Companies Gain GAAP Exceptions

Private Companies Gain GAAP Exceptions

Final rules on two items in the FASB private-company framework — accounting for goodwill and interest-rate swaps — are due by December 31.

By Daniel F. Morrill | December 5, 2013

New Life for Synthetic Leases

Capital Markets

New Life for Synthetic Leases

The synthetic lease, a form of off-balance-sheet financing, boasts a relatively long history of use by companies for acquiring such items as heavy equipment, or such assets as vehicles with a shorter economic life.

By Steve Bergsman | February 1, 2000