Categorized | Business

Lease Accounting Exposure Draft Released

Kelvin Smith, Vice President, Financial Computer Systems, Inc., and Chief developer of EZ13 Lease Accounting software has posted a very useful post on his Lease Accounting Blog about the release of the Exposure Draft by the FASB and IASB this week.

The FASB and IASB have released the Exposure Draft of the proposed new lease accounting standard (FASB topic 840 in the new Accounting Standards Codification).

Downloads

Comment Deadline

The comment deadline is December 15, 2010. The FASB invites people to send comments by email to director@fasb.org, File Reference No. 1850-100. The IASB asks for submissions on their web page.

As with the Preliminary Views document last year, the comment letters sent to both boards will be combined for the boards’ review (and it is not necessary to send a comment letter both places).

3 Responses to “Lease Accounting Exposure Draft Released”

  1. Anna Bass says:

    This is an intriguing topic. I’m always looking for smart resources to show clients and my coworkers, and your post is without a doubt worth sharing!

  2. Steven Hanks says:

    Anna,

    thank you very much for your wonderful comment!

    Yours Sincerely,

    Steven

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