FASB proposes lessor accounting amendments

Written by promotiondept

November 13, 2018

FasB proposes lessor accounting amendmENTs FasB issued a proposal Monday that is designed to reduce costs and ease implemENTation of the new lease accounting standard for lessors Proposed Accounting Standards Update, Leases (Topic 842): Narrow-Scope ImprovemENTs for Lessors, also aims to clarify a requiremENT in the standard that applies to lessor accounting. Since the new […]

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FSB proposes lessor ccounting mendments

FSB issu proposal Mondy tht is design to ruce costs nd ese implementtion of new lese ccounting stndrd for lessors

Propos ccounting Stndrds Updte, Leses (Topic 842): NrrowScope ments for Lessors, lso ims to clrify requirement in stndrd tht pplies to lessor ccounting.

Since new lese ccounting stndrd ws issu in 2016, FSB hs been monitoring febck nd ssisting with implementtion relt to stndrd. This dilogue l to proposl issu Mondy.

“This propos ccounting stndrd provides finncil sttement rers relief nd clrity in se res nd should help m implement leses stndrd,” FSB Chirmn Russell Golden sid in news relese.

proposl ddresses:

Comments on proposl cn be submitt by Sept. 12 t FSB’s website.

Ken Tysic (Kenneth.Tysiac@aicpa-cima.com) is Jof itoril direor.


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