IASB, FASB form leasing project, create working group.
| Position | FASB News |
IASB and FASB have initiated a joint leasing project to discuss and reconsider existing lessor and lessee accounting standards.
A working group, which will include auditors, preparers, financial statement users, subject matter experts, among others, will give professional opinions on projects conceptualized by the boards and board staff.
IASB and FASB are...
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