IASB

An Update on the Planned Convergence of U.S. GAAP & IFRS Standards

Newsletters /

With the joint FASB/IASB boards reversing recent decisions, companies are understandably reluctant to invest in new processes until final rules are issued. One overarching issue, however, remains clear: The new converged U.S. GAAP and IFRS standards will have a significant impact on how all companies report financial results. Wise companies will find the balance between […]

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How The Convergence of U.S. GAAP and IFRS Standards Will Affect Lease Accounting

Newsletters /

As the convergence of U.S. GAAP and IFRS standards makes progress, interim changes confirm that the new rules will have a significant effect on how all companies report financial results. Regarding lease accounting, proposed rules issued thus far will affect balance sheets substantially – enough in some cases to make companies reconsider their leasing strategies.

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