CFO: Proposed FASB Standard Adjustments Would Give Companies a ‘Pass’

In a recent article on FASB’s new leasing rules, CFO cited commentary by James Barker, a senior consultation partner with Deloitte, as saying FASB would give companies a “pass” when it comes to the new leasing rules and their application on 2017 and 2018 financials based on recently proposed adjustments.

CFO said only new leasing arrangements would be affected by this standard.

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