Black Owl Systems
Lessee Lease Accounting
Lessee Accounting Requirements
Standards - Black Owl supports Financial Accounting Standards Board (FASB) ASC 842, International Accounting Standards Board (IASB) IFRS 16, and Canadian Accounting Standards for Private Enterprises (ASPE) Section 3065
Financial Accounting Standards Board
FASB
Lease Types (ASC 842)
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Low Value
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Finance Lease
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Operating Lease
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Non Lease Contracts
International Accounting Standards Board
IASB
Lease Types (IFRS 16)
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Standard
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Low Value
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Short Term
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Non Lease Contracts
Canadian Accounting Standards for Private Enterprises
ASPE
Lease Types (ASPE 3065)
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Capital
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Operating