All articles by Adrian Suckling

Adrian Suckling

Lessor accounting to come under the spotlight

As part of their global convergences process, the IASB and FASB (the Boards) have been working to put together a single, comparable, worldwide lease standard They expect to release an exposure draft in mid-2010 and a final standard in mid-2011, which will require all leases to be reported on the lessees balance sheet.