FASB, IASB to hold meetings on lease accounting

07/29/2013 | Compliance Week

The Financial Accounting Standards Board and the International Accounting Standards Board are planning a series of meetings to gather feedback from stakeholders on the proposed lease-accounting standard. The early reviews have been lukewarm, with the U.S. Chamber of Commerce and other organizations criticizing the standard for its complexity. The meetings will be held from mid-September to early October at locations in the U.K., U.S., Brazil and Singapore.

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