AICPA Draws the Line on Leases Reviewed by Momizat on . [caption id="attachment_13083" align="aligncenter" width="615"] AICPA[/caption] In a letter to the FASB and IASB, the AICPA’s Financial Reporting Executive Comm [caption id="attachment_13083" align="aligncenter" width="615"] AICPA[/caption] In a letter to the FASB and IASB, the AICPA’s Financial Reporting Executive Comm Rating: 0
You Are Here: Home » QuickPress » AICPA Draws the Line on Leases

AICPA Draws the Line on Leases

AICPA

AICPA

In a letter to the FASB and IASB, the AICPA’s Financial Reporting Executive Committee (FinREC) suggested that a dividing line be created between Type A and Type B leases that deviates from the rule the boards have proposed.  While FinREC supported the objectives calling for transparency and recognition on-balance sheet for all leases, it disagreed with the test for how leases would be classified.  For details on the discrepancies in the lease classification process, visit the full story at the Journal of Accountancy.

View 

The National Association of Certified Valuators and Analysts (NACVA) supports the users of business and intangible asset valuation services and financial forensic services, including damages determinations of all kinds and fraud detection and prevention, by training and certifying financial professionals in these disciplines.

Number of Entries : 2537

©2024 NACVA and the Consultants' Training Institute • Toll-Free (800) 677-2009 • 1218 East 7800 South, Suite 301, Sandy, UT 84094 USA

event themes - theme rewards

Scroll to top
G-MZGY5C5SX1
lw