The U.S. Financial Accounting Standards Board (FASB) and the International Accounting Standards Board (IASB) will have another go at putting to bed a converged standard for lease accounting. The meeting, scheduled for April 24, 2014 follows a series of talks earlier this year that made some progress towards a resolution on this long-standing accountings project, GlobeSt.com reported.

According to FASB’s announcement of the meeting’s agenda on its website, the boards will discuss lease modifications and contract combinations, variable lease payments, in-substance fixed payments, and the discount rate.

Left unresolved from the last talks in the March meeting is the question of whether there should be a single approach to recognize leases, or a duel-recognition approach, depending on the type of lease. With a dual approach, the leases would qualify as either Type A or Type B. The latter are most likely to be used by real estate companies, as it would allow for a straight-line expensing method with the asset returned to the owner at the end of the term.

Waiting for a standard is wearing on the industry’s nerves; a survey from Deloitte at the beginning of 2014 found that among real estate lessees, confidence in their IT and compliance preparations for the new standard has fallen, with only 1% “extremely” or “very” prepared to comply in 2013, down from 9% in 2011.