Little to Fear in New World of Lease Accounting

By Gary Kabureck2015-12-01T13:00:00

Accounting for leases is about to undergo a profound change, thanks to a new standard adopted by accounting rulemakers in the United States and overseas. The new standard has its critics; in a special guest column this week, Gary Kabureck—former chief accounting officer of Xerox, now a member of the ...

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The case for principles-based accounting

2016-06-14T14:00:00Z By Gary Kabureck

The debate over which is the better accounting standards philosophy–principles or rules—rages on. As a 40-year veteran of the auditor and preparer community, IASB member Gary Kabureck is lending his unique perspective to the discussion.
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New accounting standard for leases brings numerous compliance concerns

2016-03-15T11:30:00Z By Tammy Whitehouse

As public companies face a 2019 deadline for a new accounting standard that brings leases onto corporate balance sheets, compliance officers will have to consider a long list of implementation decisions and business implications, says Tammy Whitehouse.
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Footnotes of the future: reflections from the Disclosure Initiative

2016-03-08T14:00:00Z By Gary Kabureck

The IASB hears from investors all the time: Financial statement disclosures are too complicated, with too much insignificant detail; unorganized footnotes; and language that reads like a checklist. Seems the board has been listening. Inside, IASB member Gary Kabureck discusses some of the actions the board is taking to improve ...

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Little to Fear in New World of Lease Accounting

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The case for principles-based accounting

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“For tracking litigation, enforcement, and regulatory developments, Compliance Week
should be your prime source.”