CFO noted in a recent article on the lease accounting project that companies that lease equipment may have to wait a little longer for more clarity on how their staffs should account for leases on their balance sheets.
Bill Bosco, president of Leasing 101, is quoted extensively in the article providing insights and opinions on the exposure draft and how it “inaccurately portrays the economic effects of a lease.”
To read the CFO article click here.
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