Monthly Archive: April 2011

Apr 13 2011

Proposed Lease Accounting Update

April 13, 2011 Update The Boards have met a number of times over the last eight weeks to discuss some of the more controversial issues that are contained in the exposure draft on proposed changes to lease accounting. Here are the more important tentative conclusions that have been reached: The definition of the lease term …

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Apr 01 2011

LEASE ACCOUNTING CHANGE EXAMPLE

LEASE ACCOUNTING CHANGE EXAMPLE iLease Management LLC monitors and reports on the progress of the proposed changes to lease accounting.  The FASB and the IASB issued an Exposure Draft in 2010 which generated a significant amount of controversy among preparers and users of financial statements. The Boards continue to meet to evaluate the more contentious …

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