Study forecasts huge losses under lease-accounting proposal

02/17/2012 | GlobeSt.com

A study by Chang & Adams Consulting found that lease-accounting standards proposed by the Financial Accounting Standards Board and the International Accounting Standards Boards would be costly for real estate companies. The study estimated that the standards would increase liability by $1.5 trillion, add $10.2 billion to annual costs and eliminate more than 190,000 jobs.

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