FASB adds Accounting Standards for leases to its agenda.

• Position: Accounting & auditing news

The Financial Accounting Standards Board has added to its agenda a project to reconsider the current accounting standards for leases. The goal of that project is to ensure that investors and other users of financial statements are provided useful, transparent and complete information about leasing transactions in the financial statements. The decision to add a leasing project, which will be conducted jointly with the International Accounting Standards Board, reflects the board's...