Monthly Archive: April 2014

Apr 26 2014

FASB/IASB April 23, 2014 Meeting

The FASB and the IASB (“the Boards”) held a joint meeting earlier this week to continue their discussions on the proposed changes to the lease accounting standard. The Boards made more progress and came to a number of tentative conclusions designed to simplify their 2013 proposal. The definition of a “lease modification” was made clearer, …

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