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Leases 

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.

 

 IFRS Publications 

 

 

 

  • Leases: Final Approach or Go-around?
    This publication assesses the potential impacts of the joint IASB-FASB Exposure Draft on lease accounting on both airlines and aviation financiers.

 

  • New on the Horizon: Leases
    In a major shake-up of lease accounting, the IASB and FASB have published revised proposals to bring most leases on-balance sheet for lessees.

       

 

 

 

 Other Resources

 

 

Contacts

Aura Giurcaneanu

Aura Giurcaneanu

Partner, Audit & Assurance

+40 (744) 655 847

Angela Manolache

Angela Manolache

Advisory, Director

+40 (372) 377 800

Related links

For quick access to a range of accounting, auditing and financial reporting guidance and literature, please visit KPMG's Accounting Research Online.