The Financial Accounting Standards Board has decided to tweak some of its standards related to contract assets and ...

One silver lining of COVID-19 appeared when private companies received a short reprieve from the new lease accounting standards courtesy of FASB ASC 842 — “reprieve” being the operative word ...

Effective dates will be delayed for private companies and certain other entities for FASB’s standards on accounting for leases, credit losses, and hedging after a unanimous vote by FASB. A FASB ...

The FASB’s new proposal is an attempt to integrate ... other repairs; (b5) rent including lease rentals; (b6) operating lease rentals; (b7) insurance; (b8) rates and taxes; (b9) travelling ...

FASB anticipates the proposed changes will improve financial reporting results by requiring revenue estimates to more closely reflect an entity's expectations. The proposed revisions also aim to ...

We are bullish on Dave & Buster's turnaround plan and potential stock price surge of over 50% within 1-2 years. Read an ...

The proposed ASU is based on a consensus of the FASB’s Emerging Issues Task Force (EITF). Stakeholders are encouraged to review and provide input on the proposed ASU by March 18, 2024. When the ...

The Financial Accounting Standards Board (FASB) has released a proposed ASU aimed at refining the accounting for share-based consideration payable to customers. The proposed amendments seek to ...

IASB News Revamped Management Commentary Guidelines on Track for 2025 The International Accounting Standards Board (IASB) is ...

A lease buyout loan allows drivers to purchase a vehicle as their lease term expires. Details about the terms of the loan will likely be mentioned in the contract for your car lease. The purchase ...

The Indian real estate market is booming. With rising economic growth and rapid urbanization, the market is estimated to ...

in the subsidiary because of FASB, IASB Set to Re-Expose Leasing Proposals FASB and the International Accounting Standards Board (IASB) announced Thursday they intend to re-expose their revised ...