Bosco: FASB Expects to Issue Lease Project ED May 16

In his latest update on the lease accounting project, lease accounting expert Bill Bosco said the boards have completed their decision making meetings and have directed the staff to draft the new exposure draft.

Bosco added that FASB staff says barring any last minute issues the lease project exposure draft will be issued on May 16.

For more information from Bosco on the lease accounting project click here.

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