VIP Apps Consulting is delighted to sponsor again the FLA Finance & Leasing Association’s Annual Dinner 2022 taking place on Tuesday 22nd February at the Grosvenor House in Mayfair, London. We are the proud sponsor of the booklet, which is distributed to all guests, providing a comprehensive guide to the evening and features the seating plan with a full listing of all...
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On June 16 2021, the Financial Accounting Standards Board (FASB) issued a proposed Accounting Standards Update (ASU) that would improve discount rate guidance for lessees that are not public business entities. Private companies, not-for-profit organisations, and employee would benefit from the plans. ASC 842 allows private companies to make an accounting optional policy election to use a…
Technology innovation is all around us. Worldwide information technology spending this year is expected to hit $3.7 trillion, up 4.5% over 2017, as firms look to capitalise on the potential of the blockchain, Internet of Things, artificial intelligence and other digital solutions, Gartner Inc. said. Organisations within the financial services and leasing industry undertaking their digital…
The effective date of new leases standards is less than 20 months away. The new Lease Accounting Standards IFRS 16 / FASB ASC 842 requires companies to bring most leases on-balance sheet, providing a single lessee accounting model, requiring lessees to recognise assets and liabilities for all leases. The new standard will significantly change the…
VIP Apps Consulting is delighted to sponsor once again the Finance & Leasing Association Annual Dinner, taking place this year on Tuesday 28th February at Grosvenor House in London. The signature annual event is regarded as the highlight of the finance and leasing industry’s social calendar. This year, the black-tie dinner is expected to be attended by…
