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Bridging The Accounting Gap For Lessors And Lessees

PYMNTS

The International Accounting Standards Board introduced a significant overhaul to lease accounting standards , and while the changes went into effect at the start of 2019, corporates continue to face challenges to adhere to the standards and remain compliant.

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Govt Eyes BEC, Govt Slammed By BEC

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The idea , as detailed in the SEC’s Report of Investigation, is that firms should consider cybersecurity as they develop their own internal accounting standards. That comes in the wake of BEC scams that are growing as a threat to companies of all sizes and industries as they conduct B2B operations.

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Corporate Investors Irked By Lease Accounting Changes

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The International Accounting Standards Board established the new lease accounting rules because previous lease accounting practices limited investor and analyst visibility into company finances without leases included on the balance sheet, reports explained.

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Small Businesses’ Biggest Lease Accounting Pitfalls

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New lease accounting standards are in effect for publicly traded companies in the U.S. after the Financial Accounting Standards Board (FASB) and International Accounting Standards Board (IASB) introduced changes to the way businesses account for their outstanding leases.

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Bringing Personalization Tech To The CFO’s Office

PYMNTS

GAAP and international accounting standards, is another boon to efficiency, said Bres. One key rests with expanded functionality that lets users across departments deploy commentary and content tied to social networking features, which fosters real-time collaboration across departments.