Content about Financial Accounting Standards Board

October 10, 2011

By Andy Thomas, president and COO, Virtual Premise, Inc.

April 13, 2011

By Dwayne Shackelford, principal, Huntley, Mullaney, Spargo & Sullivan, Inc.

By Dwayne Shackelford, dshackelford@hmsinc.net

Proposed new lease accounting rule changes will have a significant impact on many retail and restaurant companies. The good news is that rent will no longer appear on the income statement; the bad news is that it will be replaced by amortization and interest charges, which will generally be larger in the first years of a lease and lower in the latter years.

January 18, 2011

Jones Lang LaSalle announced Tuesday that it has launched a website to deliver strategies, tools and information regarding the upcoming changes in lease accounting treatment by the U.S. Financial Accounting Standards Board (FASB) and its counterpart, the International Accounting Standards Board (IASB).

Chicago -- Jones Lang LaSalle announced Tuesday that it has launched a website to deliver strategies, tools and information regarding the upcoming changes in lease accounting treatment by the U.S. Financial Accounting Standards Board (FASB) and its counterpart, the International Accounting Standards Board (IASB).

November 17, 2010

In the November issue of Chain Store Age (page 28), leasing specialist Bill Bosco discussed what is being called the biggest threat to retailers’ earnings: the Financial Accounting Standards Board’s (FASB) proposed new rules for lease accounting.

In the November issue of Chain Store Age (page 28), leasing specialist Bill Bosco discussed what is being called the biggest threat to retailers’ earnings: the Financial Accounting Standards Board’s (FASB) proposed new rules for lease accounting.

According to Bosco and other experts, the new rules will essentially turn operating leases into capital leases for accounting purposes, wreaking havoc on retailers’ bottom lines.

November 3, 2010

Is the economy the biggest threat to earnings of U.S. retailers? I think that a bigger threat may just be a proposed lease accounting rule change.

By Bill Bosco

October 31, 2010

Is the economy the biggest threat to earnings of U.S. retailers? I think that...

January 31, 2008

The FASB (Financial...