Accounting and finance organizations for many multinational businesses are currently working to create plans for two separate lease accounting standards: the Financial Accounting Standards Board’s ASC ...

A joint effort by the Financial Accounting Standards Board (“FASB”) and the International Financial Reporting Standards Foundation (“IFRS”) will fundamentally reset the accounting treatment of leases ...

The International Accounting Standards Board issued the long-awaited lease accounting standard that it has been developing for over a decade with the Financial Accounting Standards Board, which is ...

A quiet but significant shift has been taking place in the world of recruitment agencies. As these firms scale, more of them are being drawn into the orbit of IFRS 16, the international accounting ...

The Situation: New rules for the accounting of operating leases will come into force under the International Financial Reporting Standards ("IFRS") and U.S. Generally Accepted Accounting Principles ...

LONDON, Sept. 3, 2020 /PRNewswire/ -- Kingfisher plc is an international home improvement company with over 1,300 stores in nine countries across Europe, Russia and Turkey, supported by a team of over ...

BRIGHTON, England, Sept. 18, 2020 /PRNewswire/ -- Stark Group, one of the largest retailers and distributors of building materials for the professional segment in Northern Europe, has selected Planon ...

From the start of this year, airlines in many parts of the world have adopted the IFRS 16 lease accounting standard. The main effect of this is to recognise future lease payment obligations as debt, ...

ATLANTA--(BUSINESS WIRE)--The first audits completed under the landmark new lease accounting standard are in, and companies say they were a struggle. In fact, half of public companies that have ...