Tag: Lease Accounting Standards

Tag: Lease Accounting Standards

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ASC 842 FASB Proposes to Improve Discount Rate Guidance for Lessees for Not Public Business Entities

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...

TopTeam Solution Enhances Testing Phase in Lease Accounting Implementation Project

A global medical technology company selected VIP Apps Consulting to lead an end-to-end lease accounting system compliance project and the integration with the existing Oracle...

New Leases IFRS 16 ASC 842 – How to Achieve Compliance on Time

The new lease accounting standards IFRS 16 and ASC 842 come into effect on January 2019, and as we are nearly halfway through 2018, organisations...

Is your organisation ready for the new Lease Accounting Standards IFRS 16 / FASB ASC 842?

The effective date of new leases standards is less than 20 months away. The new Lease Accounting Standards IFRS 16 / FASB ASC 842 requires...

IFRS 16 Lease Accounting Regulations Progress

With post-Brexit change and uncertainty dominating financial news cycles the ongoing review and amendments to IFRS 16 could have been at risk of being swamped...

The New Accounting Leases Standard Impact

The International Standards Board (IASB) and the Financial Accounting Standards Board (FIASB), have announced that the final “Leases Standard” will be set before the end...

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