Monthly Archive: July 2013

Jul 24 2013

Lease Expense Classification – the Impact is Broader than You May Think

The revised Exposure Draft on proposed Lease Accounting Changes issued in May 2013 (“the Revised ED”) contains provisions on expense classification that has broader implications than may be evident initially. For Type B leases, principally leases of property (real estate), the proposed expense is classified as lease expense and the expense recognition pattern is straight-line, …

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