All GLG News Analyses Filed Under: Accounting Issues

This piece is thin, considered alone, however there has been a lot written about what new rules might and should do. The paper is not due until 2008, though meetings will begin on the subject before that. The original documents are as follows:www.fasb.org/news/nr071906.shtml FASB Formally Adds Project...

Grant Thornton has gotten out in front of a very old issue, changes in lease accounting, which is now subject to a review by the Financial Accounting Standards Board (FASB), and the International Accounting Standards Board (IASB). This project has been in the works for a long time, with the first meeting...

The FASB and the IASB move (slowly) towards their goal of revising lease accounting standards. They've announced the members of a working group, whose charge is to help them identify relevant lease accounting issues. 

  If they do not already do so, analysts need to begin proactively adjusting their models to reflect the assets and liabilities underlying “operating” leases onto the books of the companies they follow.  It is no longer a question as to whether many current operating leases will go onto...

-Future stock price implications-Rationale for buybacks-Cost of Capital

1. I  have  been  involved  with  advising  a  number  of  privately  held  non-public  companies  in  structuring  their  capital  requirements  including  the  timing  and  nature  of ...

I believe the main issue that is or ought to be under discussion is what FASB will do in the future with regard to lease accounting.  To answer that question, it is appropriate to look at the forces that are at work now and the kind of thinking that has been going on more recently.  While...

There has been a lively debate over the last fifty years or more on whether a long-term lease obligations should be capitalized. Dr. Miller is certainly adamant in his belief that all long-term lease obligations should be.. The FASB and its predecessors have disagreed with Dr. Miller, giving very short...