The new lease accounting standard caused lease liabilities for the average company to increase a whopping 1,475 percent, skyrocketing from $4.4 million before the transition to $68.9 million post ...

Walgreens, CVS and AT&T top the list of U.S. companies with the most operating lease liabilities that will need to be added to their balance sheets under the new leasing standard, according to a new ...

The recently issued exposure draft on lease accounting rules proves to be one of the more significant and far-reaching proposals presented this year. Even though proposed lease accounting changes are ...

Implementation of the new lease accounting standard has led to average balance sheet lease liability increases of 1,475 percent, according to new research from lease accounting technology provider, ...

The era of off-balance sheet financing is effectively coming to a close for UK GAAP preparers. As the Financial Reporting Council (FRC) aligns FRS 102 ...

For companies that lease vehicles – finance and full-service – new accounting standards will impact their financial reporting, but result in little change to their operations. For companies that lease ...

Public companies’ required implementation of FASB’s new lease accounting standard in 2019 means that financial statement auditors need to be prepared to make new judgments. Although the private ...

Lease accounting is becoming more complex and detailed for private companies and not-for-profit entities. Business valuations may also be impacted by the new standard. Effective in fiscal years ...

On the heels of a transformative and challenging revenue recognition standard, FASB’s new lease accounting standard presents a potential tsunami of changes to the financial statements of public and ...

The Financial Accounting Standards Board has given U.S. private companies and nonprofits another year to start treating their operating leases as liabilities on their balance sheets. Now they have to ...