Shipowners challenge new accounting standards

The International Chamber of Shipping (ICS) is expressing serious concerns regarding a proposed change to the accounting standards for ship leasing, which looks set to become effective in 2017.

A proposal to revise the international accounting standards for ship leasing is met with criticism by the global shipowners' association, the International Chamber of Shipping (ICS). The organization has thus submitted detailed comments to the International Accounting Standards Board (IASB), which presented the proposal together with the US Financial Accounting Standards Board. The proposal looks set to become effective in 2017.

Already a subscriber?Log in here

Read the whole article

Get access for 14 days for free. No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

With your free trial you get:

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
Must contain at least 6 characters
Must contain at least 2 characters
Must contain at least 2 characters

Get full access for you and your coworkers

Start a free company trial today

Sign up for our newsletter

Stay ahead of development by receiving our newsletter on the latest sector knowledge.

Newsletter terms

Front page now

Further reading