• Register
Return to: Home > News > Standards > European accounting bodies seek feedback on lease accounting changes

European accounting bodies seek feedback on lease accounting changes

The European Financial Reporting Advisory Group (EFRAG), the UK Financial Reporting Council, the French Autorité des Normes Comptables, the German Accounting Standards Committee and the Organismo Italiano Contabilità have launched a survey to address the implications of recently proposed lease accounting changes.

Last week the International Accounting Standards Board (IASB) and the US Financial Accounting Standards Board (FASB) published a joint exposure draft to press ahead on the improvement of a standard for the leasing industry.

EFRAG said in a statement the survey aims at understanding the nature of the proposed changes and "whether the proposed guidance creates implementation or operational difficulties" as well as what effort would be required its implementation.

The period to participate in the survey starts on 3 June and runs until 31 July.


Related story

Joint lease accounting proposal issued

Related links

EFRAG and national standard setters' survey

 

 

 

Top Content

    ARGA team, assemble!

    The new top team has been named that will see in root-and-branch reform at the Financial Reporting Council (FRC) as it transforms into the Audit, Reporting and Governance Authority (ARGA). Will the new duo be as dynamic as some are hoping? Robin Amlôt reports.

    read more

    FASB: a quest for simpler standards

    FASB chair Russell Golden addressed the IMA 2019 Annual Conference and Expo at the Sheraton San Diego Hotel and Marina, California, on 18 June. IMA immediate former chair-emeritus Alex Eng acted as moderator. Joe Pickard reports.

    read more

    The future of audit, and how to get there

    Two recent reports peer into the future of the audit profession. One analyses what an audit should offer, while the other looks at how the audit process will be carried out. Robin Amlôt takes a closer look at both.

    read more

    EFAA elects new president, focuses on digital future

    EFAA’s new president, Salvador Marin, outlined his key priorities for the next two years at the organisation’s 2019 annual general meeting, while outgoing president Bodo Richardt offered advice. Robin Amlôt reports.

    read more
Privacy Policy

We have updated our privacy policy. In the latest update it explains what cookies are and how we use them on our site. To learn more about cookies and their benefits, please view our privacy policy. Please be aware that parts of this site will not function correctly if you disable cookies. By continuing to use this site, you consent to our use of cookies in accordance with our privacy policy unless you have disabled them.