FASB to meet on pending lease accounting standard

04/8/2013 | Compliance Week

The Financial Accounting Standards Board will hold a meeting Wednesday to "gut check" the costs, benefits and complexity in relation to the lease accounting standard. Some groups still do not agree with the changes in the pending standard. The leasing standard is one of the centerpiece projects in the two boards' ongoing efforts to converge U.S. and international accounting standards.

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