Monthly Archives: April 2014

FASB and IASB Lease Accounting “Divergence.”

FASB/IASB lease accounting “Divergence.”  Far from converging, the FASB and IASB have decided to take different routes concerning lease accounting. While both boards decided to capitalize all leases on the balance sheet, the FASB decided to allow companies to use … Continue reading

Posted in Approach 1, Approach 2, Lease Accounting, Lease Liability, Type A Lease, Type B Lease | Leave a comment