FASB Changes Course (again) on Lease Accounting – August 2011

The Financial Accounting Standards Board (FASB) recently announced a new direction in its’ ongoing effort to make major changes to current lease accounting rules.  Download File »

 

 

 

 

 

 

 

 

 

(Below is the december 2010 report which is referenced in the report above)

Impact Of Proposed FASB Rule Changes (Updated December 2010)

There is a newly proposed accounting standard that could create a major shift in how companies account for lease agreements in their financial statements. The proposed FASB changes may have sweeping effects on how owners and tenants choose to structure their leases, on how businesses choose to own or lease space, and how public and private companies account for leases on their balance sheets.  Download File »

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