Monthly Archive: August 2014

Aug 05 2014

July 23, 2014 Joint Board Meeting

The Financial Accounting Standards Board (“FASB”) and the International Accounting Standards Board (“IASB”) (collectively, the Boards) met on July 23, 2014 to continue further discussions on their Joint Proposal on Lease Accounting. With respect to lessee accounting issues, most of the discussion was narrowly centered on accounting for sale and leaseback transactions. The Boards determined …

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