accounting audit controls
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Feedback Sought for FASB/IASB Lease Accounting Proposal | AccountingWEB

Feedback Sought for FASB/IASB Lease Accounting Proposal | AccountingWEB | accounting audit controls | Scoop.it
Interested individuals and organizations have until September 13 to offer their input on a revised exposure draft – "Proposed Accounting Standards Update - Leases (Topic 842)" – from the FASB and the IASB.
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IASB and FASB Proposed Changes to Lease Accounting

FASB and the International Accounting Standards Board (IASB) issued a proposed, revised financial reporting standard for leases that represents an important step forward in a challenging convergence project.

Via Mazars Group
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Mazars Group's curator insight, June 4, 2013 11:40 AM

On May 16, 2013, the IASB and the FASB published for
public comment a revised Exposure Draft (ED) outlining
proposed changes to the accounting for leases. The
proposal aims to improve the quality and comparability of
financial reporting by providing greater transparency
about leverage, the assets an organization uses in its
operations and the risks to which it is exposed from
entering into leasing transactions. Stakeholders are
encouraged to review and provide feedback on the
revised ED by September 13, 2013. Further information,
including the revised Exposure Draft, is available on the
IASB website at www.ifrs.org and the FASB website at
www.fasb.org.

César Cardoni's curator insight, December 26, 2013 5:36 PM

Convergence steps between the IASB and the FASB

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Change Saturation White Paper

Change Saturation White Paper | accounting audit controls | Scoop.it
Shift the conversation by framing the value of managing change in terms of expected project benefits

Via Karl Wabst
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Karl Wabst's curator insight, May 28, 2013 3:42 PM

Reporting has grown so fragmented at many organizations that the number of change initiatives, the departments, the total number of employees affected is not known. Are changes from different departments conflicting? Are you looking at change across divisions, business lines, geographies? Get a handle on change before bad things happen. Actually, they may already be happening.

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Lease accounting, the changing risk

Lease accounting, the changing risk | accounting audit controls | Scoop.it
Risk and finance are inter-woven and nothing confirms that more than lease accounting, the changing risk.
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Lease Accounting: Proposal Would Mean Major Changes

Lease Accounting: Proposal Would Mean Major Changes | accounting audit controls | Scoop.it
When it comes to accounting for leases, it's difficult to have one approach because leases are very different in nature. So it was challenging for tw
Morrie Bee's insight:

Timely insight from Grand Rapids WI

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FASB, IASB Release Accounting Draft

FASB, IASB Release Accounting Draft | accounting audit controls | Scoop.it
The long-awaited re-release of the converged exposure draft for lease accounting was released Thursday morning by the US Financial Accounting Standards Board and the International Accounting Standards Board.
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Seven Strategies for Simplifying Your Organization

Seven Strategies for Simplifying Your Organization | accounting audit controls | Scoop.it
The Catch-22 of organizational complexity is that most managers don't have the time to fix it.

Via Karl Wabst
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Karl Wabst's curator insight, May 28, 2013 4:51 PM

Complexity is a core component of the state of business today. In fact, it's the C in VUCA.