Monthly Archive: January 2015

Jan 24 2015

Lessee Disclosures

The Financial Accounting Standards Board (“FASB”) and the International Accounting Standards Board (“IASB”) (collectively “the Boards”) met earlier this week to continue deliberating their Joint Lease Accounting Project and specifically to discuss lessee disclosures. The Boards reaffirmed that the objective of lessee disclosures is to provide the financial statement users with sufficient information to assess …

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Jan 05 2015

2014 Year End Review

The Joint Project on Lease Accounting initiated by the Financial Accounting Standards Board (“FASB”) and the International Accounting Standards Board (“IASB”), collectively (“the Boards”) has certainly been ongoing for a significant amount of time. However, progress was made during 2014 and it appears as if the Boards are ready to finalize their deliberations. Let’s review …

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