What Qualifies as a Lease under the New Lease Standard?

April 12, 2017 at 7:07 AM / by Ane Ohm posted in New Lease Standard, Lease Payments, IFRS

Not all arrangements qualify as a lease under the new standard. Of course, sometimes it’s easy to figure out if it’s a lease: renting your office space definitely qualifies as a lease. Copier and vehicle leases are, in fact, leases.

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Top Resource Guides for the New Lease Standard

April 1, 2017 at 6:40 AM / by Ane Ohm posted in FASB, New Lease Standard, IFRS

The new lease standard is coming and preparation is critical for a smooth implementation. This is easier said than done and the experts agree: this new standard is complicated.

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