FASB Related Content

Lease Accounting Project Update: Great News for U.S. Banks

Bill Bosco examines the differences between the proposed FASB and IASB lease accounting standards. He reports that while U.S. banks will see little environmental change when the FASB accounting rules take effect, IFRS bank lessors will face the IASB approach, which is negative for both bank lessee customers and banks as lessors.... read more

New FASB Rules to be Issued by Year End — Timeline, Disclosures and Transition

Bill Bosco provides an update on recent activity of the FASB, including changes to disclosure requirements, compliance relief measures as well as transitions for both lessors and lessees as they relate to various lease scenarios.... read more

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