NEWS: IASB and FASB Agree on Lease Accounting Approach
From Oracle’s PeopleSoft Apps Strategy blog: Almost a year after their decision to re-expose proposals for a common leasing standard, the International Accounting Standards Board (IASB) and the Financial Accounting Standards Board (FASB) have reached a key decision regarding the recognition of lease expenses. At their June 13, 2012 meeting, the IASB and FASB agreed
Read More...