Monthly Archive: April 2013

Apr 16 2013

Updated Exposure Draft to be Issued in May

The FASB voted last week to issue an updated Lease Accounting Exposure Draft that will be available for review by interested parties in May. There has been considerable delay in getting to this point and the vote at 4-3 for issuance was clearly not without controversy. The major questions revolve around the complexity of the …

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Apr 16 2013

The New Lease Accounting Standard and Debt to Equity Ratios

In the past, we have discussed various aspects of the new lease accounting standard that is currently being jointly proposed by both the FASB and the IASB. The new standard will require that all leases, except short term leases, be recognized as liabilities on the lessee’s balance sheet. This will result in a dramatic change …

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