Monthly Archive: September 2014

Sep 05 2014

FASB Meeting on August 27, 2014 – Lease Project Update

The Financial Accounting Standards Board (“FASB” or “the Board”) met on August 27, 2014 to deliberate the proposed lease accounting standard project. Although this is a joint project with the International Accounting Standards Board (“IASB”), this was a FASB only board meeting. The Board discussed sale and leaseback transactions and tentatively determined that a seller-lessee …

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