FASB’s New Standard for Leases

Financial Institutions

May 01, 2016
by Brett Schwantes, CPA

Bookmark and Share
Brett Schwantes Brett Schwantes, CPA
Senior Manager

View Profile
 
 

In February 2016, the Financial Accounting Standards Board (FASB) finalized its new standard for leases. This project began around 2006 as a joint project with the International Accounting Standards Board (IASB) to create an accounting standard that provides a more faithful representation of leasing transactions in financial reports.


Average Rating:

Length: 2 pages (PDF 61 kB)



Rate this Article
*  =  required fields
Your Rating*
Name*
E-mail Address*
Company