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FASB announces issuance date of lease accounting Changes!

George Azih lease accounting updates, FASB Topic 842 February 17, 2016

At its meeting today (February 17, 2016), the FASB announced that it expects to issue its standard on accounting for leases, ASU 2016-02, on Thursday, February 25, 2016. That’s next week folks,...

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IASB Released New Lease Accounting Rules Today, FASB to follow!

George Azih lease accounting updates, FASB Topic 842 January 13, 2016

Today (January 13, 2016), the International Accounting Standards Board released the long awaited changes to lease accounting. Under the new IFRS lease accounting rules released today, all leases will...

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2013 Lease Accounting updates - lease exposure draft

George Azih lease accounting updates, FASB Topic 842 May 16, 2013

The long awaited lease accounting updates (the Exposure Draft on Lease Accounting) was issued this morning (May 16th) by the FASB and IASB. It is 343 pages long, so I’ve got a lot of reading ahead of...

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FASB Votes To Release New Lease Accounting Updates - Exposure Draft

George Azih lease accounting updates, FASB Topic 842 April 10, 2013

In a 4 to 3 vote, the FASB voted yesterday (April 10, 2013) to move ahead and re-release the New Lease Accounting Exposure draft which will be converged with that of the International Accounting...

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