Companies brace for release of lease-accounting proposal

05/3/2013 | Reuters · Wall Street Journal/CFO Journal, The

The Financial Accounting Standards Board and the International Accounting Standards Board will soon release a lease-accounting proposal for public comment, FASB Chairwoman Leslie Seidman says. The proposal would give companies two ways to record lease expenses. There are concerns that costs related to evaluating leases and the rule's complexity would not provide a clear picture of leasing obligations.

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Reuters · Wall Street Journal/CFO Journal, The

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