Leaseurope continues to try to persuade
the IASB and FASB to come up with “reasonable proposals” for future
IFRS leasing accounting.

The two boards held meetings last month
and the IASB has said it will consider a “hybrid approach” which
could see lessors applying to five accounting models.

Leaseurope has said the hybrid model
could mean many leases will be accounted for in a way that
“completely fails to represent the economics of these
transactions”.

It is therefore calling on the IASB to
look at the issue again and to “apply a solution that reflects the
economic substance of lease transactions”.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData