Monthly Archive: May 2014

May 27 2014

May 22, 2014 Joint FASB/IASB Board Meeting

The Boards met last week to discuss the Joint Project on Lease Accounting and made progress on a number of issues with respect to proposed lessee accounting. The staffs of the FASB  and the IASB were directed to draft examples of how the proposed definition of a lease would be applied using the principles outlined in the …

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