Advertisement
User Login
Create Account
Forgot Password?
Search
Equipment Leasing and Finance Association - Equipping Business for Success
Join
Industry Topics
Data, Benchmarking & Forecasting
Diversity, Equity & Inclusion
Show Your Pride on Zoom!
Electronic Documents
Emerging Talent
Equipment Finance Matters Podcast
Equipment Management
Federal COVID-19 Response
Funding & Alternative Finance
Human Capital
Lease Accounting
Lease Accounting Tools for Lessors and Lessees
Latest News
Municipal Lease Accounting
Historical Documents
Legal Resources
Legal Resources - Disclaimer
Operations & Technology
Risk Management
Tax Reform
Vertical Markets
Women's Leadership
News
News Home
Industry News
Around the Industry News Archive
Personnel News Archive
Earnings News Archive
Mergers and Acquisitions News Archive
Stock Info/Credit Ratings News Archive
New and Joint Ventures News Archive
Industry News Archive
Add Your News item
Press Room
Press Releases
Media Coverage
Magazine
Subscribe
Newsletters
Advocacy Newsletters
Equipment Leasing & Finance Newsletter
QuickBrief
Publications (store)
Videos
ELFA Engage App
Equipment Finance Matters Podcast
Directories
Directories Home
ELFA Welcomes Our Newest Members
Member Directory
Software Listing
All Software Listings by Product
All Software Listings by Vendor
Include Your Software Products
Renew
Edit Your Software Listings
FundingSource Database
Search the Buyers Database
Purchase a Company Listing
Edit Listing
Legal Buyers Guide
Manufacturer & Vendor Resource Center
Benefits of Offering Financing
5 Reasons to Offer Financing
Financing Options
Operational Issues
Find a Service Provider
Find a Financing Partner
ELFA Staff
Events
Events & Training
ELFA Engage App
Calendar
ELFA Academy
Web Seminars
Login to the Course Catalog
Fundamentals Online Course
Web Seminars
Online Courses
Principles of Leasing & Finance Workshops
Principles of Leasing & Finance Workshops
In-House Workshops
Exhibitor Opportunities
Lease and Finance Accountants Conference
Operations & Technology Conference
Accounting and Technology Exhibition
Annual Convention Exhibitor Information
Sponsor
Benefits of Sponsorship
General Sponsorship Opportunities at ELFA Conferences
Networking Events Available for Sponsorship
Continuing Education Credits
The Certified Lease & Finance Professional (CLFP)
Continuing Professional Education (CPE) Credit
Continuing Legal Education (CLE) Credit
Conference Resource Center
Professional Code of Conduct
COVID Safety Measures
Membership
Membership Home
FAQ
Value of Membership
Membership Types
Request Application
Thank You
Community Banks
Advocacy
Advocacy Home
Federal Advocacy
Capitol Connections
Grassroots Network
Advocacy Champions
LeasePac
Mission
Election Cycle Reports
Committee
Prior Authorization Form
Approved Companies
Giving Levels & Benefits
Awards
FAQ
Statistics
Contributors
Webinars
State Advocacy
Newsletters
Advocacy Newsletters
Knowledge Hub
Knowledge Hub Home
Most Popular Resources
Industry Information Help Desk
Industry Topics
MLFI-25: Monthly Leasing and Finance Index
View MLFI
Historical MLFI & PIR Data
About the MLFI-25
Archive of Financial Institutions Monthly Leasing and Finance Index Historical Data
Archive of MLFI-25 & Beige Book Quarterly Review Historical Data
Archive of Small Ticket Monthly Leasing and Finance Index Historical Data
State Law Compendium
State Tax Manual
SEFA: Survey of Equipment Finance Activity
Members speak out: Why should I download the SEFA report?
Video Infographic: 2017 Survey of Equipment Finance Activity
2018 SEFA Webinar
Discussion Groups
FAQ
People Power
Diversity, Equity & Inclusion
Emerging Talent
Women's Leadership
Career Center
Industry Topics
Home
|
Industry Topics
|
Lease Accounting
|
Historical Documents
|
Updates Archive
|
2015
2015
Dec. 1, 2015
- Lease Capitalization Calculators: Two new worksheets are available that calculate the estimated impact of applying the proposed new lease accounting rules for lessees. One is a
FASB version
and one is an
IASB version
. These revised worksheets reflect the FASB's decision to use a two-lease model.
Oct. 13, 2015
- On Oct. 7, the FASB held its last decision-making meeting on the Leases project.
Read a brief summary of the issues discussed at the meeting
.
June 22, 2015
- SNL Financial reports that the FASB is expected to finalize the rules for its controversial "expected-loss" model in the fourth quarter in 2015.
Learn more
.
May 26, 2015
- Read a
detailed summary of decisions to date in the Leases project
, with commentary from lease accounting expert Bill Bosco.
April 30, 2015
- The Q2 edition of the FASB Outlook, a quarterly electronic newsletter designed to keep stakeholders informed about key FASB projects and activities, is now available.
Read the newsletter
and
subscribe
.
April 9, 2015
- ELFA member Bill Bosco shares
"Practical Implications of the New Leases Standard"
in a Monitor Daily opinion piece.
March 16, 2015
- The IASB issued an overview of its upcoming lease accounting standard, saying it plans to complete its deliberations on the long-awaited standard this month and to issue the standard later this year, reports
Accounting Today
. Read the IASB staff Project Update:
Leases: Practical implications of the new Leases Standard
.
March 13, 2015
- Read a brief
overview of the Lease Accounting Project
March 3, 2015
ELFA has submitted a comment letter to the Government Accounting Standards Board on lease accounting for state and local governments. The GASB is considering a one-lease model for municipal leases similar to what the IASB is proposing for commercial transactions. ELFA's letter supports the diverged FASB position on this matter, recognizing a two-lease model and preserving operating and capital lease treatment, similar to current GAAP. This standards development process is just beginning, and ELFA will provide more information as it becomes available.
Read the letter
Jan. 14, 2015
- The January/February 2015 issue of ELFA's Equipment Leasing & Finance magazine includes an article on "What You Need to Know About Vendor Guarantees: Potential Impacts of New Lease and Revenue Accounting Standards" by Financial Accounting Committee members Scott Thacker, Alda M. Rodrigues and Toni Knudson. Read an abbreviated version of the article in the magazine, and
read the full article here
.
Upcoming Events
July 14, 2022
Superior, CO
Emergence2022
Events
July 14, 2022
Broomfield, CO
July Emerging Talent Regional Networking Event
August 04, 2022
Virtual Event
Innovation Roundtable
Events