by Kaitlyn Coburn | Feb 21, 2022 | KS Blog
/ Posts / KS Blog LIBOR Transition Regulations By Kaitlyn Coburn, Manager Background: London Interbank Offered Rate (LIBOR) has historically been the benchmark interest rate at which major global banks lend to one another. A significant amount of debt and nondebt...
by Kaitlyn Coburn | Nov 30, 2021 | KS Blog
/ FASB Modifies Risk-Free Discount Rate Practical Expedient for Lessees That Are Not Public Business Entities By Kaitlyn Coburn, Manager Summary: The FASB issued ASU 2021-091[1] (“Update”) to amend the level at which private company lessees can elect the risk-free...