Through Innovation, a High Performance Culture, Integrity and a mission of “Cutting Through Complexity”, KPMG in Romania is ready for what we face in today’s and tomorrow’s world.
The Romanian IFRS Institute is a resource dedicated to the implementation process of IFRS, providing useful information about the global financial reporting framework for CFOs, members of the Board, leaders and shareholders of companies.
Proposed lease accounting changes could affect almost all reporting entities.
The IASB and FASB plan to introduce a new accounting model for lessees and lessors. The proposals are a response to long-standing criticism that current lease accounting is too permissive of off-balance sheet accounting by lessees and too rules-driven.
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