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 ...

One of the main regulations governing leasing arrangements is IFRS 16. In January 2016, the International Accounting Standards Board issued a new accounting standard for leases, called IFRS 16, ...

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 ...

LONDON (Reuters) - Tesco, Britain's biggest retailer, said on Friday a new accounting standard related to the treatment of leases, will change the way assets and liabilities are presented but will not ...

Bloomberg Tax & Accounting has added support for the new lease accounting standard under International Financial Reporting Standards to its Advantage Leased Assets product, which already supports the ...

Accounting professionals are accustomed to complying with accounting standards. Generally accepted accounting standards set the guidelines for reporting financial transactions in the United States.

On December 9, 2015, the European Financial Reporting Advisory Group (EFRAG) published a feedback report relating to a public survey undertaken by EFRAG and others in July 2015 aiming to understand ...

Following our H1 2019 earnings call, Rexel’s share price has been impacted by a misunderstanding that arose concerning how we define the conversion of EBITDA into FCF before Interest and Tax after the ...

Dubai, UAE: EY Academy has announced the launch of its Corporate Reporting Insights Roadshow 2025, a major series of events ...

This article is by Eva De Leon, Product Manager for Hedge Accounting Solutions at Bloomberg L.P. It appeared first on TMI. For years, accounting and risk management have not always been fully in sync.