September 19, 2018

Brad Sherman

Companies Wanting More Liabilities on Their Balance Sheets Will Love the New Lease Accounting Proposal

What's that you say, Hans? No one wants more liabilities on their balance sheet?   "Obviously, this standard is not a very popular one," IASB chief Hans Hoogervorst said in a conference call. "Generally, companies like off-balance-sheet financing" and the standard will put an end to a major part of it, he said. Well, that's […]