FASB publishes final lease accounting standard

LeaseSigning2

Image: Marking another milestone in accounting history, the Financial Accounting Standards Board has published its final standard requiring all companies that lease any kind of asset—from real estate to heavy equipment to office copiers—to recognize leased property as an asset they have a right to use and a liability that ...

lock iconTHIS IS MEMBERS-ONLY CONTENT. To continue reading, choose one of the options below.