Accounting Today

Optimizing 'day two' lease accounting for effective financial reporting

With the first year of the new lease accounting standards implementation complete, organizations find themselves at a critical juncture — the commencement of "day two" accounting. While the initial ...
Accounting Today

FASB and IASB Work on Resolving Lease Accounting Differences

FASB also has decided that a lessor should be precluded from recognizing the selling profit and revenue at the commencement of a lease for any Type A lease that does not transfer control of the ...
Morningstar

insightsoftware Launches EZLease Lessor: Reduces Risk, Cost, and Complexity for Lessor Accounting

RALEIGH, N.C., April 30, 2025 (GLOBE NEWSWIRE) -- insightsoftware, the most comprehensive provider of solutions for the Office of the CFO, introduces EZLease Lessor, a lease lifecycle management ...
Forbes

New Lease Accounting Requirements And The Impact On Private Business And Nonprofits

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 ...
JournalofAccountancy

FASB alters accounting for certain leases with variable lease payments

FASB issued a standard Monday that is designed to improve the board’s lease accounting rules related to a lessor’s accounting for certain leases with variable lease payments. Under Topic 842, Leases, ...