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Accounting & Auditing Update

The "Accounting & Auditing Update" is written by Tammy Whitehouse, a veteran business writer who has been a regular contributor to Compliance Week since 2005. Her work has also appeared in industry journals and periodicals including Journal of Business Strategy, Strategy & Leadership, Compensation & Benefits Review, Inc, Buyside, and myriad others. Whitehouse welcomes questions and comments from readers; she can be reached via e-mail at twhitehouse@complianceweek.com.
9 results found, filtered by:
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Accounting & Auditing Update Blog
FASB chair dismisses any delay of lease rules
Tammy Whitehouse | December 12, 2018
Amid technology challenges and minor changes to the pending new lease accounting rules, FASB is standing firm on the Jan. 1 effective date.
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Accounting & Auditing Update Blog
Lease tools emerge to aid in last-minute adoption work
Tammy Whitehouse | October 3, 2018
With less than three months until new lease accounting rules take effect, new tools are emerging to help companies that are still working on implementation.
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Accounting & Auditing Update Blog
FASB proposes lease rule simplification for lessors
Tammy Whitehouse | August 15, 2018
FASB has taken another step to make the adoption of the huge new standard on lease accounting a little simpler—this time for lessors.
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Accounting & Auditing Update Blog
FASB approves huge simplification to lease rules
Tammy Whitehouse | July 31, 2018
FASB has finalized an enormous simplification of the pending new lease accounting standard, permitting companies to forego historic presentations.
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Accounting & Auditing Update Blog
FASB approves tweaks to lease accounting standard
Tammy Whitehouse | July 18, 2018
The Financial Accounting Standards Board has finalized a number of improvements to its new guidance on lease accounting, which public companies are working to adopt in 2019.
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Accounting & Auditing Update Blog
System, identification issues complicate lease adoption
Tammy Whitehouse | May 17, 2018
Companies are telling the SEC they are still having trouble getting IT systems in place that can put leases on corporate balance sheets as required in 2019.
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Accounting & Auditing Update Blog
KPMG poll: Much work remains to be ready for lease rules
Tammy Whitehouse | February 22, 2018
Companies still have a long way to go to be ready for new lease accounting rules that take effect in 2019, according to a recent KPMG poll.
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Accounting & Auditing Update Blog
FASB approves change to lease rule; more changes coming
Tammy Whitehouse | January 29, 2018
FASB has finalized a change to the pending new lease accounting standard meant to make it easier for companies to transition to the new requirements.
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Accounting & Auditing Update Blog
FASB plans new expedient for lease accounting
Tammy Whitehouse | August 9, 2017
The Financial Accounting Standards Board is preparing to propose a modification to the pending lease accounting standard to amend the transition guidance.
Displaying 9 results