IASB, FASB exclude certain leases from new accounting rule
Decisions by the Financial Accounting Standards Board and the International Accounting Standards Board exclude certain types of leases from a new accounting standard. The rulings are a victory for executives at companies that had pushed to exclude certain types of leases from the rule. The rule puts leases and other obligations on company balance sheets.
CFO.com | 11/02
This story published in ELFA SmartBrief on 11/03/2009
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